Allen & Overy advises Saudi Electric Company on largest-ever Rule 144A sukuk
Allen & Overy, in association with local law firm Zeyad S Khoshaim Law Firm, has advised Saudi Electricity Company (SEC), the Gulf’s largest utility company, on its record-breaking $2.5bn (£1.5bn) sukuk, the largest-ever Rule 144A sukuk offering. The sukuk consists of two separate series of sukuk certificates: a $1.5bn 10-year series and a $1bn 30-year series priced at four […]