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Saudi National Bank plans dollar-denominated, five-year sukuk
By Rebecca Melvin
Concord, N.H., Jan. 12 – SNB Sukuk Ltd. is pricing a benchmark offering of dollar-denominated, sukuk, or Islamic bonds, due Jan. 19, 2027, according to a notice.
The obligor is the Saudi National Bank. HSBC Bank plc is the stabilizing manager.
SNB Sukuk is a special purpose vehicle incorporated in the Cayman Islands to issue sukuk.
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