Riyad Sukuk Limited
Order book reached USD 8.3bn, representing an over subscription rate of 5.5 times. The diversity of the orderbook was remarkable and saw 282 investors from 33 countries in Europe, Asia and the Middle East. More specifically, 28% of the transaction was allocation to UK/Europe, 28% to Asia, 18% to the Middle East (excluding Saudi Arabia), 17% to Saudi Arabia and 9% to the USA/Other. By investor type, fund managers were allocated 55%, followed by Banks/Private Banks 26%, Agencies/Central Banks 12% and Pension Funds/Insurance Companies 7%.