Friday, February 26, 2021

Saudi Arabia hires banks for euro-denominated bond sale -document

DUBAI- Saudi Arabia has hired banks to arrange an investor call ahead of a planned sale of euro-denominated bonds split into tranches of three and nine years, a document showed on Tuesday.

BNP Paribas, Goldman Sachs, and HSBC were mandated as global coordinators for the potential debt sale, which is subject to market conditions, according to the document issued by one of the banks leading the deal and seen by Reuters.

(Reporting by Yousef Saba; Editing by Catherine Evans) ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters Messaging: davide.barbuscia.reuters.com@reuters.net))

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