Dar Al Arkan Real Estate Development Company, founded in 1994 and based in Riyadh, Saudi Arabia, is a leading property developer with a focus on residential and commercial projects. The company aims to enhance the real estate landscape in the Kingdom through innovative, high-quality developments, catering to the growing demand for modern living spaces.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DARALA 7.75% 2026-02-07 USDDar Al Arkan Real Estate Development Company | Saudi Arabia | 2026-02-07 | 7.750 | 6.16 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Dar Al Arkan has actively engaged in bond issuance to finance its expansive projects, launching its first bonds in 2007. Notable issuances include a $500 million sukuk in 2018, which attracted significant investor interest with a competitive yield of 5.25%, reflecting the high demand for Sharia-compliant investments. Currently, Dar Al Arkan's bonds show yields that compare favorably against industry standards, demonstrating the company’s strong financial standing and market confidence. In 2021, the company also successfully issued an additional $300 million sukuk with a 10-year maturity, underscoring its commitment to growth and robust financial strategies.