Almarai Co.

Saudi's Almarai raises $267 mln from debut sukuk

Almarai Co. raised 1 billion riyals ($266.6 million) through a sukuk, or Islamic bond, launched on March 7. It is the first time that Almarai has launched public debt, having started roadshows for the offering last month.
The arranger of the sukuk was HSBC Saudi Arabia.

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