SABIC's return to bond market attracts USD1 b


(MENAFN) Saudi Basic Industries Corp, the world"s largest petrochemicals maker by market value, has announced a bond worth USD1 billion as investors demand a rare dollar-denominated debt, according to Arab News. A document from lead managers reported that the transaction attracted USD5.25 billion commitments from investors. The deal pricing was lessen twice on Thursday, referring to the level of demand.


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