The Kingdom of Saudi Arabia’s flag
Saudi Arabia intends to sell USD-denominated sukuk in two tranches with maturities of five and ten years, Reuters reported, citing sources. 
The indicative pricing was set at 95 basis points (bps) over US Treasury yields for the five-year tranche and 105 bps for the ten-year tranche, Reuters said.
Citigroup, HSBC, JP Morgan, and Standard Chartered have been appointed as global coordinators and bookrunners for the issuance, while Industrial and Commercial Bank of China (ICBC) and Mizuho will act as active joint lead managers.
The Kingdom of Saudi Arabia’s flag
Saudi Arabia intends to sell USD-denominated sukuk in two tranches with maturities of five and ten years, Reuters reported, citing sources.
The indicative pricing was set at 95 basis points (bps) over US Treasury yields for the five-year tranche and 105 bps for the ten-year tranche, Reuters said.
Citigroup, HSBC, JP Morgan, and Standard Chartered have been appointed as global coordinators and bookrunners for the issuance, while Industrial and Commercial Bank of China (ICBC) and Mizuho will act as active joint lead managers.
