Guidance in the News

17 May 2016 Guidance closes $50m sukuk for Al Bayan group

17 May 2016, United Arab Emirates, Gulf News | Guidance Capital Markets (DIFC) Ltd (Guidance), a subsidiary of Guidance Investments, the investment management and capi talmarkets arm of Guidance Financial Group, announced it had successfully closed a three year sukuk issuance for the Saudi Arabian conglomerate, Al Bayan Group Holding Company (Al Bayan). The dollar-denominated sukuk was issued last week through a private placement with three GCC banks, and was led by Guidance, who also acted as financial adviser to Al Bayan.

 

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