Saudi Electricity roadshows sukuk — market perfect, say bankers

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Saudi Electricity roadshows sukuk — market perfect, say bankers

Islamic lightbulb px230 for global capital

Saudi Electricity Co has picked banks and lined up roadshows this week as it looks to return to the sukuk market. The company is planning a long dated 144A tranche of at least 15 years as part of the offering, which would make it the first sukuk borrower to look beyond five years since the emerging markets sell-off in May last year.

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