NEWS

SAUDI ARABIA SETS BOND BUYBACK MAXIMUM ACCEPTANCE AT $1 BLN – FILING

Saudi Arabia has set at $1 billion the maximum acceptance amount for a tender of its existing bonds maturing between 2023 and 2026, a London Stock Exchange filing showed on Wednesday.

Saudi Arabia raised $5 billion via a two-tranche sale of sukuk and conventional bonds on Tuesday, its first international debt sale in almost a year.–Reuters

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