bonds

Saudi Arabia issues $12bn 3-part bond: NDMC

Saudi Arabia issues $12bn 3-part bond: NDMC

  • NDMC said transaction is part of its strategy to diversify Kingdom’s investor base
  • Three-tranche bond includes selling $5 billion, $3 billion and $4 billion in tenors of three, six and 10 years, respectively
By Nour El-Shaeri ·