Saudi International Petrochemical Company (Sipchem) [2310.SE] has repaid the SAR1.8bn of sukuk that was originally issued in 2011 and maturing on 6 July 2016. The company had announced previously that it would use cash to pay off sukuk holders. (Tadawul, Argaam) SIPCHEM: SAR14.00 as of 15 June 2016, Rating: Neutral, FV: SAR14.00 per share, MCap: USD1,369 million, SIPCHEM AB / 2310.SE
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