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Saudi's Almarai Prices Gulf's First Corporate Hybrid Sukuk

Published: 01/10/2013 01:25:02 PM GMT
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Saudi Arabian dairy producer Almarai has completed the first hybrid bond offer by a corporation in the Gulf, selling a SAR1.7 billion ($453.2 million) Islamic bond (sukuk) on Monday, bankers said. The issue is a perpetual sukuk, meaning it has no ... (more)

Saudi Arabian dairy producer Almarai has completed the first hybrid bond offer by a corporation in the Gulf, selling a SAR1.7 billion ($453.2 million) Islamic bond (sukuk) on Monday, bankers said. The issue is a perpetual sukuk, meaning it has no ...

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