Wednesday 24, April 2013 by Robin Amlôt

Baker & McKenzie act for Saudi Binladin Group on landmark Sukuk

Baker & McKenzie recently acted for the Saudi Binladin Group in relation to a SAR 1.3 billion (US$347 million) Sukuk al-ijara issued by SBG Sukuk Limited as an exempt offering in the Kingdom of Saudi Arabia. The Sukuk structure benefits from security over prime real estate in Jeddah as well as a corporate guarantee from the Saudi Binladin Group.

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