#Latest news with #ColinKeatingeBloomberg11 hours agoBusinessBloombergSaudi National Bank Taps Debt Market as Lenders Binge on BondsBy and Colin Keatinge Save Saudi National Bank is teeing up a dollar-denominated debt sale, continuing a borrowing spree by the kingdom's lenders that are helping finance a $2 trillion economic overhaul. SNB has mandated banks for a benchmark Tier 2 note with a tenor of 10 years and initial price talk of around 235 basis points over US Treasuries, according to a person familiar with the matter, who asked not to be identified discussing private information.
Bloomberg11 hours agoBusinessBloombergSaudi National Bank Taps Debt Market as Lenders Binge on BondsBy and Colin Keatinge Save Saudi National Bank is teeing up a dollar-denominated debt sale, continuing a borrowing spree by the kingdom's lenders that are helping finance a $2 trillion economic overhaul. SNB has mandated banks for a benchmark Tier 2 note with a tenor of 10 years and initial price talk of around 235 basis points over US Treasuries, according to a person familiar with the matter, who asked not to be identified discussing private information.
11 hours ago
