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Saudi Binladin closes second short term Sukuk

Fri, 2011-07-22 09:57 — newsdesk

Saudi Binladin Group (SBG) has closed its second short term Sukuk. It attracted more than SAR 3 billion ($799.9 million) of orders for a SAR 1 billion ($266.6 million) issuance.
The privately placed Sukuk was offered to Saudi sophisticated investors and launched through SBG Sukuk Co.

Source: 

http://www.cpifinancial.net/v2/News.aspx?v=1&aid=8733&sec=Islamic%20Finance