Dar Al-Arkan returns for sukuk

By Ross Lancaster
17 Feb 2020

Saudi Arabia's Dar Al-Arkan Real Estate Development Company will issue its second sukuk in four months as it embarked upon a roadshow on Monday for a seven year Reg S dollar deal.

The B1 rated issuer has hired Alkhair Capital, Citi, Deutsche Bank, Dubai Islamic Bank, Emirates NBD Capital, Mashreqbank, Nomura, Standard Chartered and Warba Bank as joint lead managers and bookrunners for the trade. The roadshow began on Monday.

The company was last in the ...

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