Saudi Arabia gives final price guidance for euro-denominated bonds – document

Saudi Arabia gives final price guidance for euro-denominated bonds – document

Saudi Arabia gives final price guidance for euro-denominated bonds - document BNP Paribas, Goldman Sachs, HSBC, Citi, JPMorgan, Standard Chartered and Samba Capital are arranging the deal    An investor gestures as he monitors a screen displaying stock information in Riyadh, Saudi Arabia, November 6, 2017. DUBAI, Feb 24 (Reuters) - Saudi Arabia tightened price guidance for a euro-denominated bond deal comprising tranches of three and nine years after receiving over 4.9 billion euros in orders for the debt sale, a document showed on Wednesday.It gave final price guidance of around 45 bps plus or minus 5 bps over mid-swaps for the three-year and around 75 bps plus or minus 5 bps over mid-swaps for the nine-year notes, the document from one of the banks on the deal showed.Initial price guidance was around 60 bps over mid-swaps for the three-year portion around 90 bps over mid-swaps for the nine-year bonds.BNP Paribas , Goldman Sachs , HSBC , Citi , JPMorgan , Standard Chartered and Samba Capital are arranging the deal, which is expected to close later on Wednesday. (Reporting by Yousef Saba, editing by Louise Heavens) (([email protected]; +971562166204)) Zawya Coverageemployment95% of UAE female leaders say more to be done about