Publisher: Maaal International Media Company
License: 465734
Saturday, 14 June 2025
Document: “Dar Al-Arkan” sets initial indicative price for its dollar sukuk at 8.5%
A bank document showed today, Tuesday, that Dar Al-Arkan Real Estate Development Company set the initial guideline price for issuing dollar sukuk for five years at about 8.5%, as it is expected to mature in February 2029.
According to “Reuters”, the document issued by one of the banks in charge of arranging the issue said that the deal is expected to be priced later today, Tuesday.
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