Islamic Finance
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Banque Saudi Fransi plans to issue 5-year sukuk
Banque Saudi Fransi (BSF) plans to issue a five-year benchmark-sized Islamic bond, or sukuk, arranging banks said, after the lender completed investor meetings last week. An issue would be the Saudi bank's first sukuk under a recently-established $2 billion program. Initial guidance for the sukuk was at 200 basis points…
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Click here to read the full story: Arab News