Middle East Economic Survey

VOL. LIII

No 21  

24-May-2010

SAUDI ARABIA

SABIC Capital To Embark On Eurobond Road Show

Saudi Basic Industries Corporation (SABIC) affiliate SABIC Capital is planning to launch a Eurobond if market conditions are favorable. The company planned to embark on a road show on 20 May in London, then moving to the Gulf and Far East to introduce the bond to potential investors. The dollar-denominated Eurobond, carrying a five-year tenor, is not being...