Saudi Arabian dairy Almarai will a senior sukuk of up to 2 billion riyals ($533 ) to help finance investment plans, it said on Tuesday in a statement published on the bourse website.
The sukuk will be offered to local investors and is subject to conditions, it said in its statement, adding it had mandated HSBC Saudi Arabia and Samba Capital and Investment to act as joint lead managers.
(Al-Arabiya News / 18 August 2015)
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