Saudi British Bank sells 1.5 bln riyal capital-boosting sukuk
May 28, 2015 at 09:22 AM EDT
DUBAI, May 28 (Reuters) - Saudi British Bank (SABB) has completed a private placement of 10-year, 1.5 billion riyal ($400 million) subordinated Tier 2 sukuk callable in five years, it said in a bourse statement on Thursday.