Al Jouf Agricultural bags loan to expand French fries factory
ALSO- Roshn Group to cooperate with the Municipal and Rural Affairs and Housing Ministry to improve the country’s real estate…
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ALSO- Roshn Group to cooperate with the Municipal and Rural Affairs and Housing Ministry to improve the country’s real estate…
The issuance is part of the bank’s USD 25 bn Trust Certificate Issuance Program
Three of the heftiest debt sales in MENA were Saudi-born
Alvarez & Marsal estimates USD 140 bn in freed-up capital and a 35% boost to bank earnings
Al Rajhi Capital is quarterbacking the planned transaction
Turkey, Malaysia, and Indonesia accounted for 64% of total global issuance
The seven-year tranche, maturing in 2032, priced at 90 bps over mid-swaps, down from IPTs of 125 bps.
Some USD 127 bn is benchmarked to GCC equities through MSCI indices
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