ma'aden

Saudi Ma’aden prices $1.25bn debut sukuk, 9.2 times oversubscribed with $11bn in orders

Saudi Ma’aden prices $1.25bn debut sukuk, 9.2 times oversubscribed with $11bn in orders

  • Company said it had completed the sukuk issuance through US dollar-denominated trust certificates
  • Ma’aden’s $1.25bn Shariah-compliant bond was issued in two tranches
By MOHAMMED AL-KINANI ·