RIYADH: Saudi Arabia’s National Debt Management Center has raised SR7.01 billion ($1.87 billion) through its December sukuk issuance.
According to the statement issued by the center, the issuances were divided into five tranches.
The size of the first tranche was SR1.236 billion for sukuk maturing in 2027. The second tranche was SR335 million for sukuk maturing in 2029.
The third tranche was SR1.180 billion for sukuk maturing in 2032, and the fourth tranche was SR1.692 billion for sukuk maturing in 2036.
The fifth tranche was SR2.573 billion for sukuk maturing in 2039.
Source: www.arabnews.com