<div>UPDATE 2-Saudi Arabia's Savola issues 1 bln riyals sukuk</div> <!-- no image --> <div>Savola Group, Saudi Arabia's largest food products company, confirmed on Tuesday it had raised 1 billion riyals ($267 million) in sukuk, or Islamic bonds, in a deal arranged by the Saudi arm of HSBC.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=5GQ2PjbLTwA:s6LDOmrqpb0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=5GQ2PjbLTwA:s6LDOmrqpb0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=5GQ2PjbLTwA:s6LDOmrqpb0:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=5GQ2PjbLTwA:s6LDOmrqpb0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=5GQ2PjbLTwA:s6LDOmrqpb0:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/5GQ2PjbLTwA" height="1" width="1" alt=""></div> Posted by Reuters