Investment Banking
Islamic Finance
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Saudi's Bank Al Jazira prices 2 bln riyal capital-boosting sukuk
Saudi Arabia's Bank Al Jazira has priced a 2 billion riyal ($533 million) sukuk issue that will boost the lender's capital reserves, a source aware of the matter said on Tuesday. One of the kingdom's smallest banks by assets, Bank Al Jazira priced the transaction at 190 basis points over…
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Click here to read the full story: Reuters