Dar Al Arkan Real Estate Co. has fully repaid SAR 1.5 billion ($400 million) Shariah compliant Series 3 MTN 2019 sukuk, the developer said in a bourse statement.


The amount was due on May 28, 2019.


During 2019, the company has bought a part of the sukuk at SAR 264.3 million ($70.48 million) which left SAR 1.235 billion ($329.52 million) sukuk remaining.


The remaining amount was transferred into the relevant account and will be deposited into sukuk-holders accounts by Tuesday, May 28, 2019, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request