The deal is the latest in a string of local currency sukuks in the kingdom, highlighting the growing importance of debt capital markets as a funding stream for Saudi borrowers who have traditionally relied on bank finance.
The SBG issue, which has a 2.5-year lifespan, has a spread of 170 basis points over the three-month Saudi interbank offered rate (Saibor), the sources said, speaking on condition of anonymity as the information is not public.
Pricing came at the tight end of initial price guidance of 170-190 bps, one of the sources said, indicating that demand for the transaction was strong.
Read more: http://gulfbusiness.com/2013/04/saudi-binladin-group-prices-347m-islamic-bond/
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.
Apply Online for Business Loans
ReplyDelete*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Credit Card Clearance Loan
*Debt Consolidation Loan
*Business Loans And many More:
Quick Approval. Highlights: Providing Flexible Loans,Email: capitalfunding454@gmail.com