Saudi Arabia to buy back around $1.27 bln of its existing bonds

Saudi Arabia will buy back just under $1.27 billion of its existing bonds maturing between 2023 and 2026, a stock exchange filing showed on Tuesday.

The indicative final acceptance amount for the bonds, which are being tendered for cash, is non-binding.

Saudi Arabia indicated it would buy back just over $632.5 million of notes due next year, over $249 million of bonds maturing in April 2025, almost $99 million of notes due in October 2025 and more than $287 million in bonds maturing in 2026. No further notes can be tendered for purchase and the expected settlement date is Oct. 27.

The world's top oil exporter raised $5 billion in sukuk and bonds this month in its first international bond sale since November.

مواضيع مرتبطة
التعليقات
or

For faster login or register use your social account.

Connect with Facebook