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4 months ago
BRIEF-Saudi's Dar Al Arkan closes fourth tranche of USD denominated Islamic Sukuk Program
April 6, 2017 / 6:45 AM / 4 months ago

BRIEF-Saudi's Dar Al Arkan closes fourth tranche of USD denominated Islamic Sukuk Program

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April 6 (Reuters) - Dar Al Arkan Real Estate Development Company:

* Announces closing of fourth tranche of USD denominated international Islamic Sukuk Program, raising $500 million

* USD denominated international Islamic Sukuk is a five-year sukuk with annual profit rate of 6.875 percent Source text for Eikon: Further company coverage:

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