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Dar Al Arkan, sukuk boost
- Saudi Arabia: Sunday, February 11 - 2007 at 14:44
Saudi Arabia's Dar Al Arkan Real Estate Company may increase the size of the $425m sukuk which it opened for sale earlier this month, according to agency reports. The bonds were recently marketed on a roadshow and, due to heavy international demand, the firm may expand the three year bonds by 30%, up to $550m.
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Jonathan Sheikh-Miller, Deputy EditorSunday, February 11 - 2007 at 14:44 UAE local time (GMT+4)
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This article was updated on Sun Apr 22 2007.
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