Middle East Economic Survey

VOL. XLVIII

No 7

14-February-2005

Saudi arabia

Saudi British Bank To Launch Kingdoms First Eurobond

The Saudi British Bank (SBB) is planning to launch Saudi Arabias first Eurobond after taking the issue on a roadshow, starting this week. It will market the bond to potential investors in the Middle East, Far East and Europe. The Eurobond will be launched under a Euro medium term note (EMTN) program with a total value of $650mn, giving the bank flexibility to issue bonds...