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SEC to hold sukuk holders’ assembly meeting on 3 May

SEC to hold sukuk holders’ assembly meeting on 3 May
(Photo Credit: Arabianeye-Reuters)
SAUDI ELECTRICITY
5110
12.54% 19.92 2.22

Riyadh - Mubasher: Saudi Electricity Company (SEC) invited its sukuk holders to attend their special assembly’s meeting on 3 May 2017.

The meeting will discuss the proposed amendments to its SAR 7 billion sukuk’s terms and conditions.

Earlier on Monday, the company announced completing the repayment of SAR 1.88 billion ($500 million) of its first tranche of sukuk.

The first tranche was issued on 4 April 2012 in the London Stock Exchange and is due on 3 April 2017.