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HSBC leads $4bln Saudi Sukuk

Fri, 2012-02-03 11:36 — newsdesk

It appears that HSBC Saudi Arabia led a very successful SR15 billion ($4 billion) 10-year Sukuk issuance for the General Authority of Civil Aviation (GACA). The funds from the Sukuk launch will be used for the construction of the new King AbdulAziz International Airport in Jeddah.

Source: 

http://www.opalesque.com/IslamicFinance_Briefing/?p=15089