Saudi Arabia raises $ 5 billion through double-tranche bonds – Business Recorder

Saudi Arabia raises $ 5 billion through double-tranche bonds – Business Recorder

DUBAI: Saudi Arabia raised $ 5 billion in a sale of double-tranche bonds with 12 and 40-year-old tenors, a document showed, as it sought to close a large budget deficit. The world’s largest oil exporter has been hit hard by the pandemic which, along with the oil price war between Saudi Arabia and Russia last […]
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