Saudi Arabia Markets Dollar Bond to Plug Spending Gap
- Date: 15-Apr-2020
- Source: Financial Times
- Sector:Financial Markets
- Country:Saudi Arabia
Saudi Arabia Markets Dollar Bond to Plug Spending Gap
The kingdom is seeking to raise billions of dollars via a bond sale, joining other oil-exporting Persian Gulf states that tapped the debt markets last week to solve a funding shortfall caused by low oil prices and the coronavirus pandemic.