Saudi National Bank launches US dollar-denominated sukuk
RIYADH, SAUDI ARABIA - Saudi National Bank (SNB) commenced the US dollar-denominated senior unsecured sukuk issuance through a special-purpose vehicle.The sukuk are offered to qualified investors inside and outside Saudi Arabia. The amount and terms of offer of the sukuk will be determined subject to market conditions, the bank said in a statement to Tadawul. This announcement does not constitute...

