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Tuesday, 21 February 2017

UPDATE 1-Saudi Arabia issues request for proposals for international sukuk - sources | Reuters

UPDATE 1-Saudi Arabia issues request for proposals for international sukuk - sources | Reuters:

"Saudi Arabia has sent a request for proposals (RFP) to banks for a planned U.S. dollar sukuk, or Islamic bond, two sources familiar with the matter said on Tuesday. The debt sale would be Saudi's second international bond offering, after the sovereign issued a debut $17.5 billion bond in October last year in what was the largest bond ever sold across emerging markets. The government approached lenders which had worked on Saudi's first issuance, one of the sources said."



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