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RIYADH: State-owned Saudi Electricity Co. has completed the issuance of the two tranches of sukuks including green and regular valued at $2 billion as part of its international fundraising program. The green sukuk tranche was issued for $1.2 billion with a maturity of 10 years and a fixed return of 4.6 percent yearly as it was priced at a difference of 120 basis points

Abu dhabiAbuz abyUnited arab emiratesSaudi arabiaStandard chartered bankAr riyaHamad al gnoonSaudi electricity companyFirst abu dhabi bankSaudi electricity coState owned saudi electricitySaudi fransi capitalMiddle eastMiddle easternAl ahsaAl kharj