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Saudi's Alhokair plans debut sukuk, picks Samba as arranger

Fawaz Abdulaziz Alhokair Co , the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in the kingdom, plans to issue its debut riyal-denominated sukuk, it said in a bourse filing on Tuesday. Alhokair will begin meeting fixed income investors on Tuesday and has chosen the…

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