Middle East Economic Survey

VOL. LIV

No 38

19-Sep-2011

SAUDI ARABIA

Satorp Launches Roadshow For $1Bn Sukuk

Saudi Aramco Total Refinery and Petrochemicals Company (Satorp) launched a roadshow for a SR3.75bn ($1bn) domestic sukuk on 13 September. Final pricing, which will be calculated according to six-month Saudi interbank offered rate, is expected by the end of the month, said Reuters. Last month Satorp appointed Deutsche Securities Saudi Arabia, Samba Capital and Investment Management...