(MENAFN) Official media said Saudi Arabia's first international bond offering totaled USD17.5 billion and was almost four times oversubscribed, early on Thursday,
confirming the strong buyer interest that analysts expected
In detail, the total sum of the first offering was USD17.5bn, while the total subscription requests for these bonds issued to USD67bn.
A person involved in the operation on Wednesday confirmed that "the terms have been launched," and Saudi has divided the total into three tranches with maturities of five, 10 and 30 years.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.