Middle East Economic Survey
VOL. LIV
No 23
6-Jun-2011
SAUDI ARABIA
SEC Takes Step Towards Issuing International Paper
Saudi Electricity Company (SEC) took a step closer to tapping the international debt markets when it mandated HSBC and Deutsche bank to organize its dollar-denominated bond issue. However, the mandate is in the early stages and given that the company has never issued international paper, it will take some time before its structure is finalized, predicted one debt market...
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