Middle East Economic Survey
VOL. LIII
No 40
4-Oct-2010
SAUDI ARABIA
APICORP Prepares To Launch First Ever Bond
The Arab Petroleum Investments Corporation (APICORP) said last week that it is planning to launch a bond in what will be its first ever foray into capital markets. Of benchmark size (which is typically around $500mn) it will be issued in Saudi Riyals. The commercial bank was about to embark upon an investor roadshow as MEES went to press, and the paper is expected to be launched...
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