Just in:
No running of govt from jail, says Delhi Lt Governor // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // 2024 Lok Sabha Elections Will Be The Costliest One Till Now In The Whole World // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Emirati Aid Reaches Ukraine as Food Shortages Bite // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Ingdan Announces 2023 Annual Results // US reiterates concern over Kejriwal arrest, Cong accounts // Saudi Arabia Unveils Green Financing Tool to Achieve Net-Zero Goals // Universal Language for Healthcare: General Authority Embraces Global Coding System // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // CABSAT 2024 Ushers in 30 Years of Media Innovation // Andertoons by Mark Anderson for Fri, 29 Mar 2024 // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era //
HomeMarketsSaudi Telecom launches $1.3b sukuk programme

Saudi Telecom launches $1.3b sukuk programme

saudi telecomSaudi Telecom Co (STC), the Gulf’s largest telecommunications operator by market value, has established a 5 billion riyals ($1.33 billion) riyal denominated sukuk programme, it said in a bourse statement on Wednesday.

The programme will be by way of a local private placement, STC said.

The operator did not state when it planned to issue a sukuk, but Reuters reported in April that STC had picked three banks to manage its debut Islamic bond offer, according to sources.

ADVERTISEMENT

These are JP Morgan Chase, Standard Chartered and the investment banking arm of Saudi Arabia’s National Commercial Bank, the sources said.-Reuters

ADVERTISEMENT

ADVERTISEMENT
Just in:
U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Universal Language for Healthcare: General Authority Embraces Global Coding System // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Hong Kong Crypto Exchange Application Stalled by US Lawsuit // Emirati Aid Reaches Ukraine as Food Shortages Bite // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // Andertoons by Mark Anderson for Fri, 29 Mar 2024 // Ingdan Announces 2023 Annual Results // CABSAT 2024 Ushers in 30 Years of Media Innovation // French Leaders Gather for Interfaith Iftar Dinner // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era // No running of govt from jail, says Delhi Lt Governor // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Melco Style Presents “SANRIO CHARACTERS STUDIO CITY CARNIVAL” – Explore a SANRIO World of Unlimited Love and Cuteness //