Saudi Arabia raises $1.48bln in local #sukuk -statement

Saudi Arabia has raised 5.55 billion riyals in sukuk. The first tranche of the sukuk issue has a size of 1.3 billion riyals, and a total tranche size of 2.523 billion riyals, maturing in 2027. The second tranche has a size of 4.25 billion riyals, and a total tranche size of 8.238 billion riyals, maturing in 2035.