The Electricity co. Issues SAR 1m par sukuk

02/01/2014 Tadawul

"The Saudi electricity company starts the issuance of SAR 1m par value islamic sukuk as approved by the CMA " said a stetement on tadawul today.

The company will use the proceeds of this unsecured issuance in capital expenditures.

The issuance will be through SABB and BSF starting from 9/1/2014 untill 27/2/2014.

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