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Saudi Binladin prices SR1.3bn sukuk
- Saudi Arabia: Thursday, April 04 - 2013 at 01:30
Saudi Binladin Group (SBG) has priced a SR1.3bn ($346.7m) Islamic bond, Reuters has reported, citing two unnamed sources. SBG was last in the market in August, when it issued a SR1bn one-year sukuk through HSBC's Saudi Arabian unit, while it also sold a SR700m sukuk with a nine-month tenor in July 2010 and a SR1bn one-year sukuk in July 2011.
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