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FINANCIAL NEWS
SABIC’s return to bond market attracts USD1 b
28 Sep 2013
(MENAFN) Saudi Basic Industries Corp, the world”s largest petrochemicals maker by market value, has announced a bond worth USD1 billion as investors demand a rare dollar-denominated debt, according to Arab News.
A document from lead managers reported that the transaction attracted USD5.25 billion commitments from investors.
The deal pricing was lessen twice on Thursday, referring to the level of demand.
More News
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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