- Saudi Arabia has appointed JPMorgan, HSBC and Citi to arrange its debut international bond as the kingdom presses ahead with fundraising efforts amid an oil price slump.
- Lenders were summoned to Riyadh last month to submit proposals on how they would help the country to raise money internationally. At the time, bankers said that the kingdom was seeking to raise as much as $15B.
- ETFs: KSA
Saudi Arabia prepares for debut bond issue
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| Symbol | Last Price | % Chg |
|---|---|---|
| KSA | - | - |
| iShares MSCI Saudi Arabia ETF | ||