Dar Al Arkan sets IPTs for $450m sukuk at high 6%, tightening expected

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Emerging Markets

Dar Al Arkan sets IPTs for $450m sukuk at high 6%, tightening expected

May 20, 2014 12:00 AM
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Dar Al Arkan plans to raise up to $450m in a five year dollar denominated sukuk, with initial price thoughts at "high 6%", as the Saudi Arabian real estate firm looks set to make its return to the international Islamic bond market.

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Islamic FinanceNews contentEmerging MarketsEM Middle EastMiddle East Bonds
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