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Tuesday, 11 October 2016

Saudi Arabia debut bond rated AA- by Fitch

Saudi Arabia debut bond rated AA- by Fitch:

"Saudi Arabia’s debut dollar bond has received an expected AA- rating from Fitch.

The rating is in roughly line with the kingdom’s wider AA- with a negative outlook status from Fitch.

Saudi Arabia has fired the starting gun on the bond sale with the country’s representatives set to meet potential bond investors in London tomorrow before flying to the US to meet investors in Boston and New York."



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