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Gov’t raises USD 5.5 bn in oversubscribed sukuk sale
This year’s debt sales are now just shy of the Kingdom’s annual record set in 2017
Yields soar amid global bond rout, as concerns mount over the UK and France’s debt
In the UK, the 30-year gilt yield hit 5.72% while French 30-year debt yields are at their highest since 2009
Flynas lines up SAR 504 mn facility as shares remain below IPO price
The 12-year facility will go toward funding the delivery of Airbus A320neo aircraft
Kingdom moves to issue USD sukuk amid strong demand
The issuance aims to cover the budget deficit and diversification efforts
Sumou Global Investment raises SAR 500 mn in its first debt market play
The transaction marks the first sukuk issuance of its kind in the Kingdom’s real estate sector
Saudi-Hong Kong investment ties get a boost
ALSO- HPE manufactures additional Saudi-made server models in the Alfanar facility in Riyadh
Sab, Alinma wrap up issuances + ANB readies AT1 sukuk
Sab completes a T2 green issuance, while Alinma seals a sustainable AT1
Ma’aden subsidiary inks 30-year solar power agreement for Al Baitha mine
ALSO- Amlak International inked a four-year SAR 250 mn shariah-compliant credit facility with Emirates NBD - KSA
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