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English news

02-Apr-2017

Dar Al Arkan plans benchmark sukuk offering

Dar Al-Arkan has mandated a number of local and international banks to arrange a roadshow in the UAE on April 2 and a global investor call on April 3, in-preparation for the issuance of a five year, Reg S, fixed-rate, benchmark sukuk offering. Proceeds will be used to refinance liabilities (and sukuk) due over the coming two years. 

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