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Dar Al Arkan's cash stockpile sends bonds to five-year high

Published: 20/02/2012 08:25:02 PM GMT
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The price on the Riyadh-based company's dollar-denominated floating-rate sukuk due in July has gained 5.8 per cent this year to 96.66 cents on the dollar yesterday, according to data compiled by Bloomberg. (more)

The price on the Riyadh-based company's dollar-denominated floating-rate sukuk due in July has gained 5.8 per cent this year to 96.66 cents on the dollar yesterday, according to data compiled by Bloomberg.

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