Sukuk sizzles as SEC and Damac hit the road

By Dan Alderson
27 Mar 2014

Middle East dollar sukuk will be firmly back on the menu from early next week, with investors sizing up both prime steak borrower Saudi Electricity Co and nouvelle cuisine Damac Real Estate Development.

SEC is set to return to the sukuk market with a big benchmark deal, after wrapping up a series of investor meetings in London and the United States on Thursday. Damac is looking to issue a debut dollar deal and will hit the road from Friday (see separate ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial