Tagged: Saudi International Petrochemical Company (Sipchem)

Sipchem sukuk raises SR1.8 billion

Sipchem sukuk raises SR1.8 billion

Saudi International Petrochemical Company (Sipchem) declared the successful closing of its first publicly listed sukuk of SR1.8 billion which was upsized from the initial base case of SR1.5 billion due to the strong demand shown by interested investors…

Sabic gains on Sukuk asset purchase plans-continued

Sabic gains on Sukuk asset purchase plans-continued

Sabic intends to purchase the assets of its first Sukuk amounting to SR3bn which was launched in July 2006. The Capital Market Authority (CMA) announced on June 12, 2011 its approval for Saudi International Petrochemical Company (Sipchem) to issue its …