Saudi Arabia’s Samba plans to issue notes on $5bln Euro medium term programme | ZAWYA MENA Edition:
Saudi Arabia’s Samba Financial Group plans to offer notes under its $5 billion Euro Medium Term Note Programme.
The notes will be issued via a special purpose vehicle (SPV) and Samba will start investor meetings regarding the notes issuance from Tuesday, September17, the bank said in a statement. The offer is expected to be in US dollars.
The bank has mandated First Abu Dhabi Bank, Goldman Sachs International, HSBC, Samba Capital & Investment Management Company and Standard Chartered Bank as joint lead managers for the proposed offer.
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