Rawabi Vallianz Offshore Services issues its first Shariah-compliant sukuk

Rawabi Vallianz Offshore Services, a joint venture between Saudi Arabia-based Rawabi Holding and Vallianz Holdings Limited, recently issued its first $266.6 million Shariah-compliant sukuk as a private offering. The company appointed Alinma Investment Company, GIB Capital LLC, Saudi Fransi Capital Limited and Saudi Hollandi Capital as the Joint Lead Managers…