Latest topics
Saudi Electricity's $1.3bln green sukuk oversubscribed
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Saudi Electricity's $1.3bln green sukuk oversubscribed
EVERYONE KNOWS THAT SAUDI ELECTRICITY IS ABOUT TO EXPLODE BECAUSE THEY ARE GOING TO PROVIDE ELECTRICAL ASSISTANCE TO IRAQ. THAT'S WHY THE SUBSCRIPTION RATE HAS BEEN SO TREMENDOUS. EVERYONE WANTS IN!!!!!

Company says it received 'high demand' from investors

State-controlled Saudi Electricity Company (SEC) has generated a lot of investor interest for its $1.3 billion international green sukuk offering, which received orders of more than $5 billion, it has been confirmed.
The kingdom’s electric transmission monopoly last week announced the sale of bonds in a two-part offering, denominated in US dollars. It's the first public green issuance from the region this year and the proceeds will be used for green-friendly projects.
The high interest received from investors in the Middle East, Asia and Europe pushed the oversubscription rate to four times, the company said in bourse filing on Sunday.
https://www.zawya.com/mena/en/markets/story/Saudi_Electricitys_13bln_green_sukuk_oversubscribed-ZAWYA20200913085755/
GirlBye- VIP NewsHound
- Posts : 1483
Join date : 2018-07-09
Location : So Cal
claud39 likes this post
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Iraq Discusses Natural Gas Investments With U.S. Firms
» A Deeper Dive into Effects and Benefits of Cannabis
» Iraqi Dinar Scam?
» Currency revaluation scams have found a new home on Etsy
» Melanie Hinds ADMITS to STEALING From a BANK! 9/1/23
» The Fundamentals of Finance Dinar Scam Video
» I have some sad news...PurpleSkyz has passed
» Legal Translation Dubai
» Time Tested Tony
» Oh Ye of Little Faith
» Delta 8 hemp flower
» CBD Vape Cartridges
» The Death Of The Iraqi Economist, Sinan Al-Shabibi
» A DEATH AT 22
» Noah's Ark
» Follow the clicks
» Everyone’s Talking About Currencies: 21 Points
» DRAMA In DINARLAND! Melanie vs. Nader! 7/14/23
» Tony Renfrow, serving up Nothing Burgers since 2008