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Saudi Hollandi Bank prices $373 mln Tier two sukuk
Saudi Hollandi Bank, the kingdom's eighth-largest bank, has completed a 1.4 billion riyals ($373.3 million) Islamic bond issue, the bank said in a statement on Monday. The subordinated sukuk, which will boost the bank's Tier two capital ratio, has a seven-year maturity but can be redeemed by the issuer after…
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Click here to read the full story: Reuters