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Alhokair completes $133m Islamic bond issue

: Thursday, June 26 - 2014 @ 00:04

Saudi Arabian retailer, Fawaz Abdulaziz Alhokair Co said it has completed a SR500m ($133m), five-year sukuk issue, its first issue of an Islamic bond, Reuters has reported. The company did not give the pricing of the sukuk, which was sold in a private placement to investors in Saudi Arabia.

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Thursday, June 26- 2014 @ 0:04 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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