Senaat ratchets in pricing on sukuk as deal size cut in half

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Senaat ratchets in pricing on sukuk as deal size cut in half

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Skyscrapers in Abu Dhabi, United Arab Emirates | Oleg Zhukov/Oleg Zhukov - stock.adobe.com

General Holding Corporation (Senaat) — one of the United Arab Emirate’s largest industrial investment holding companies — printed a $300m seven year sukuk on Tuesday after releasing exceptionally wide guidance and slamming it tighter.

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