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Saudi NCB announces completion of issuing additional Tier 1 Sukuk

National Commercial Bank announced that it has now completed the offering of the Sukuk and the settlement of the Sukuk will be on 1441/11/09 (corresponding to 30/06/2020). Issuance amount of the additional Tier 1 Sukuk denominated in Saudi Arabian Riyals is SR4.2 billion with total number of 4,200 (based on…

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