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Riyad Bank plans to launch up to $2.67bn sukuk progam

Riyad Bank plans to establish a domestic SAR-denominated sukuk issuance program of up to SR10 billion ($2.67 billion), the bank said in a bourse filing today, Jan. 19, 2021. The program's purpose is to issue and offer senior and/or subordinated sukuk, including the issuance of Tier 2 capital-eligible sukuk in…

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Click here to read the full story: Arab News

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