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Al Othaim Real Estate and Investment Co 2020
OREIDCO Sukuk Limited
Abdullah Al Othaim Real Estate Investment and Development Company (OREIDCO). The Sukuk attracted strong interest from the investors community in the Kingdom, with demand originating from government-owned funds, banks, asset managers, corporates and insurance companies.
The company, also known as Othaim Malls and part of family owned conglomerate Al Othaim Holding, began marketing the sukuk in early August, earmarking part of the planned proceeds to fund expansion plans.
0 170 basis points over the six-month SIBOR
01 September 2020
Country of Issue:
31 August 2015
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