UPDATE 1-Gulf of Oman tensions cloud Saudi Arabia's potential euro bond sale - Reuters:
Saudi Arabia is considering selling its first euro-denominated bonds, a government official said on Tuesday, although bankers have warned Middle East tensions could mean the kingdom pays a premium for any sale.
Debt Management Office (DMO) officials are meeting investors in Europe to provide updates on the kingdom’s diversification of its economy, as well as tap potential appetite for any future bond sales, said the DMO’s head Fahad al-Saif.
The trip, which Reuters reported was arranged by Goldman Sachs and Societe Generale, was a non-deal roadshow, he said, meaning it is not attached to any specific bond issue.
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