Browse
related articles
SEC names banks for dollar bond sale
- Saudi Arabia: Monday, March 18 - 2013 at 07:41
Saudi Electricity Co (SEC) has selected two lenders to arrange meetings with fixed income investors in Europe and the US, ahead of a possible debt issue, Reuters has reported. A dollar-denominated bond issue may follow, subject to market conditions, the lead managers said. State-owned SEC has chosen Deutsche Bank and HSBC Holdings to arrange the roadshows, which are to begin on March 19 in Los Angeles and conclude in London on March 25. SEC last tapped the international bond market in March 2012, pricing a $1.75bn two-part Islamic bond split between a $500m five-year portion and a $1.25bn piece, which had a 10-year lifespan.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
