SEC sukuk book hits $18bn, caps record quarter for Saudi deals
with orders reaching the dizzying heights of $18bn, Tuesday’s $1.75bn debut international sukuk from Saudi Electricity Co (SEC) set a new record for the asset class. Together with a domestic SR1.5bn ($400m) sukuk from Saudi British Bank on Wednesday, the deal also capped the biggest quarter for sukuk issuance from the country.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts