Middle East Economic Survey
VOL. LIV
No 17
25-Apr-2011
SAUDI ARABIA
Saudi BinLadin Repays $187Mn Sukuk
Saudi BinLadin Group announced on 16 April that it repaid its maturing short term SR700mn ($187mn) sukuk on its maturity date of 12 April. The sukuk, settled through Tadawul, was originally issued in July 2010 and was the first short term issuance in Saudi Arabia, the first credit enhanced structure incorporating the sharing of assigned government contract payment, and the first issuance on...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!