Tasnee prices $533m debut riyal sukuk
2012-05-24 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Saudi Arabia's National Industrialisation Co (Tasnee) has priced a SR2bn ($533.3m) sukuk, the first time the petrochemicals firm has tapped the bond markets, Reuters has reported. The issue attracted an order book of SR5.2bn and was sold to government institutions, insurance companies, investment funds and banks, Tasnee said. The firm announced at the beginning of May it would meet investors ahead of a potential issue.  

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