Monday 23, January 2012 by Isla MacFarlane

HSBC leads SAR 15 billion Sukuk issuance for GACA

HSBC Saudi Arabia Limited led the very successful SAR 15 billion ($3.9 billion) 10-year Sukuk issuance for the General Authority of Civil Aviation (GACA). The funds from the Sukuk issuance will be used for the construction of the new King AbdulAziz International Airport in Jeddah.

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