Al Hokair successfully launches SAR 500m Islamic Sukuk

25/06/2014 Argaam

Fawaz Abdul-Aziz Al Hokair Group successfully issued SAR 500m Shariah compliant Sukuk; the company said in its filing to Tadawul today.

 

The Company added that the Sukuk has a tenor of five years and was issued as a private placement to experienced investors in Saudi Arabia.

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