A new online trading platform for SAR-backed debt is here
Investment heavyweights BlackRock, Goldman Sachs, and BNP Paribas helped execute the first transactions on the platform
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Investment heavyweights BlackRock, Goldman Sachs, and BNP Paribas helped execute the first transactions on the platform
Al Majed Oud, Al Fakhera Men’s Tailoring secure Shariah-compliant credit facilities
The planned issuance falls under its SAR 8 bn AT1 capital sukuk program
Some SAR 800 mn of the funding will be used to finance SMC’s new hospital in Riyadh SMC 4
The issuance was divided into four tranches
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
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