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 The National Debt Management Center Announces the Successful Pricing of the Second International Note Issuance in Euro for a Total value of 1.5 Billion Euro

The National Debt Management Center has announced the receipt of subscriptions from investors for its second international issuance under the Kingdom of Saudi Arabia's Global Medium-Term Note Program in Euro.
The issuance was more than 3 times oversubscribed, with total orders amounting to more than 5 billion Euro. The Kingdom will issue a total of 1.5 billion Euros (equivalent to SAR 6.83 billion), consisting of two tranches as follows: 1billion Euro (equivalent to SAR 4.55 billion) for 3 year notes maturing 2024, 0.5 billion Euro (equivalent to SAR 2.28 billion) for 9 year notes maturing 2030.

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Last Update : 2/25/2021 5:06 PM