Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Saudi Electricity Sukuk Programme Co. > News item |
Saudi Electricity markets new dollar-denominated sukuk
Chicago, Feb. 6 – Saudi Electricity Co. with special purpose vehicle Saudi Electricity Sukuk Programme Co. listed as issuer is in the market with a two-part sukuk offering (A), with both parts expected to be benchmark-sized, according to multiple notices.
The company is expecting to sell trust certificates due Feb. 13, 2029 and Feb. 13, 2034.
The Regulation S certificates are being sold by Standard Chartered Bank, HSBC Bank plc, SMBC Nikko Capital Markets Ltd., MUFG Securities EMEA plc, Mizuho International plc, J.P. Morgan Securities plc, Al Rajhi Capital, First Abu Dhabi Bank, Mashreq Bank, Dubai Islamic Bank PJSC, KFH Capital Investment Co. KSCC and Bank of China PJSC as joint lead managers.
The listing will be in London.
The issuer is a majority state-owned electricity company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.