JPMorgan, HSBC Among Banks Said to Help Manage Saudi Dollar Bond - Bloomberg:
"Saudi Arabia selected banks including JPMorgan Chase & Co. and HSBC Holdings Plc to help arrange the sale of a dollar-denominated bond, people familiar with the matter said, as the kingdom seeks to plug its budget deficit.
Goldman Sachs Group Inc. and Citigroup Inc. will also manage the offering that may happen as soon as this month, the people said, asking not to be identified because the information isn’t public.
The Saudi Finance Ministry declined to comment. HSBC, Goldman and JPMorgan declined to comment, while Citigroup didn’t immediately comment."
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