Thursday 23 April 2020

#Saudi's APICORP hires Citi, Goldman, StanChart for dollar bonds - sources - Reuters

Saudi's APICORP hires Citi, Goldman, StanChart for dollar bonds - sources - Reuters:

The Arab Petroleum Investments Corporation (APICORP), a Saudi-headquartered multilateral development bank, has hired banks to arrange investor meetings ahead of a potential dollar bond issue, two sources said. 


APICORP has hired Citi, Goldman Sachs and Standard Chartered for the potential issue, which would have a maturity of three or five years and could be launched in the second quarter of this year, subject to market conditions.

A company spokesman did not immediately respond to a request for comment.

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