ID:
1557087992430799400
Sun, 2019-05-05 23:25
DUBAI: State-run Saudi Telecom has issued $1.25 billion in international sukuk, or Islamic bonds, the company said on Sunday.
The 10-year bonds — the first US dollar denominated sukuk issued by the company — have been arranged by HSBC, JPMorgan, Standard Chartered, Samba, First Abu Dhabi Bank and KFH.
Saudi Telecom’s new bonds, which will be listed on the Irish Stock Exchange, offer a 3.89 percent return.
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from ArabNews http://bit.ly/2LDx56b
via Latest News of Dubai
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