Saudi Electricity Co (SEC), the Gulf’s largest utility, is expected to price a two-part Islamic bond, or sukuk, on Tuesday, lead managers said, with investor demand for the transaction already proving strong. Order books for the planned ten-year and 30-year tranches are each in excess of $2.5 billion, a document from the managers said, ahead of the final day of investor meetings in London on Monday. Roadshows took place in the United States last week.
Saudi Electricity two-part dollar sukuk to price Tuesday
No comments:
Post a Comment