• HSBC

Saraya Aqaba $120m placement

  • Jordan: Monday, May 23 - 2005 at 11:27

Jordan-based Atlas Investment Group, a member of the Arab Bank Group, has been appointed as lead manager to a $120m private placement for Saraya Aqaba Real Estate Development. The placement will take SA's total capital to $363.5m. Saraya Aqaba is a real estate development company set up to develop projects in Aqaba and surrounding areas.

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