Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Dar Al Arkan Confident Can Repay $1 Billion Sukuk, Arabian Says

Dar Al Arkan Real Estate Development Co. is confident it will be able to repay a $1 billion Islamic bond maturing in July, Arabian Business reported, citing the company’s chairman.

Saudi Arabia’s largest property developer has been building up cash reserves to repay the bond and is able to use assets and land as collateral to secure funding in the case of a shortfall, the Dubai-based magazine reported, citing Yousuf Bin Abdullah Al Shelash.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.