VOL.XXXVIII

NO.28

10-April-1995

RegionalFinancing

SaudiCable Company Ponders Bond Issue

The Saudi Cable Company is discussing with Bahrain International Bank (BIB)the possibility of launching a bond issue worth about $75mn. If implemented thiswould be the first corporate issue by a Saudi company since the early 1980s, andit would represent a major development for Saudi and Bahraini financial markets.Although discussions between the two parties have been continuing for some time,there are still...