Fitch Ratings has assigned Saudi Arabia’s $5.5bn 2.375 per cent 2021 senior unsecured notes, the$5.5bn 3.25 per cent 2026 senior unsecured notes and $6.5bn 4.5 per cent 2046 notes a final rating of ‘AA-‘. The rating is in line with Saudi…
Tag: bond
Boosted by bond success, Riyadh starts debt repayments
Saudi Arabian Finance Minister Ibrahim al-Assaf The Saudi Arabian government is acting to pay off hundreds of millions of dollars owed to suppliers for months following the successful sale of $17.5bn worth of the kingdom’s first sovereign bonds to international…
Saudi bond issue launched
The Saudi Arabian government has circulated the prospectus for its planned bond issue and is due to start a roadshow promoting the offering on 12 October that will encompass London, New York, Boston and Los Angeles, It is reported to…
Saudi officials in New York for bond talks
Senior representatives of Saudi Arabia’s finance industry are due to meet investors in New York today and tomorrow to brief them about plans for Saudi Arabia to issue the Middle East’s largest sovereign bond and sell shares in Saudi Aramco…
Saudi Arabia aims for autumn float for international bonds
Saudi Arabia is planning to invite bids for $10bn worth of international bonds after September, Bloomberg has reported. This will be Saudi Arabia’s first international bond issue. The borrowing will be the largest by a Middle East sovereign in the…
Saudi bond issue could be $20bn
Saudi Arabia’s Finance Minister Ibrahim al-Asaf For full coverage of Middle East business, see MEED Saudi Arabia’s planned international bond issue could be as big as $20bn, making it by far the largest single financial operation in Middle East history,…