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Riyad Capital announces successful issuance of landmark SAR 500mln Saudi Riyal denominated Sukuk for Sumou Global Investment Company
Riyad Capital has announced the successful issuance of a SAR 500 million Saudi Riyal denominated sukuk for Sumou Global Investment Company (“Sumou”) a first of its kind for the Saudi Real Estate sector. Sumou priced SAR 500 million in senior secured Sukuk with a 3-year maturity and a coupon of…
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Source: Riyad Capital