Saudi Arabia: Dar Al-Arkan will repay sukuk
Issue 928
- 20 Jul 2012
| 1 minute read
Saudi development and land trading company Dar Al-Arkan, at the centre of a very public dispute between two prominent businessmen (GSN 921/12), announced on 14 July that it would repay its second sukuk (Islamic bond) of four, repaying SAR3.75bn ($1bn) to Deutsche Bank.
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