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Monday, 10 October 2016

Saudi Arabia to meet potential bond investors this week

Saudi Arabia to meet potential bond investors this week:

"Saudi Arabia has fired the starting gun for its debut international bond, a dollar-denominated sale that is expected to herald a new phase of the Gulf state’s economy.

On Wednesday October 12, representatives from the kingdom will meet potential bond investors in London to discuss plans to sell government bonds before flying to the US to meet investors in Boston and New York, writes Elaine Moore.

Citi, HSBC and JPMorgan have been hired to lead the sale of debt – which had been earlier earmarked at $15bn."



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