Saudi Aramco Total Refining and Petrochemical Company (SATORP) has issued its debut sukuk. As per sources, the SATORP bond issue was 3.5 times oversubscribed. The Saudi Capital Markets Authority (CMA)) in August approved the public offering of sukuk certificates by Arabian Aramco Total Services Company (AATSC), the special purpose company which is issuing the sukuk certificates on behalf of SATORP.
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Wednesday, October 12, 2011
SATORP debut sukuk 3.5 times oversubscribed
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