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China to issue $2 billion of dollar bonds
The financial ties between China and Saudi Arabia keep getting deeper
China has chosen Saudi Arabia as the site for its next offering of US dollar bonds.It's China's first such offering in three years, and shows deepening financial ties between the two nations.Saudi Arabia is leaning on Chinese investment to bankroll large development projects.
China Plans to Sell Dollar Bonds in Saudi Arabia as Ties Deepen
China is planning to sell dollar bonds in Saudi Arabia next week, its first debt issuance in the US currency since 2021.Most Read from BloombergFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowParis Restricts Through Traffic in City CenterIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw,
China to issue $2 billion of dollar bonds in Saudi Arabia
China’s Ministry of Finance disclosed that it would sell $2 billion in dollar-denominated bonds in Saudi Arabia next week upon the state council’s approval. The Asian country’s MOF also added that details of the issuance would be announced separately.
China mandates investment banks for $2bn USD bond issuance in Saudi Arabia: Report
China has reportedly mandated investment banks to work on a three- and five-year US dollar bond issuance in Saudi Arabia. The issuance will be senior, unsecured fixed-rate bonds, subject to market conditions, Reuters reported, citing a term sheet reviewed by it.
China mandates banks for $2bln bond issuance in Saudi Arabia, term sheet shows
SYDNEY - China has mandated investment banks to work on a three- and five-year U.S. dollar bond issuance in Saudi Arabia, showed a term sheet reviewed by Reuters on Friday. The issuance will be senior, unsecured fixed-rate bonds, subject to market conditions, the term sheet showed.
China’s issuance of US dollar bonds to bolster ties with Saudi Arabia
The planned issuance of US dollar bonds in Saudi Arabia by China’s Ministry of Finance is a “practical” move by Beijing to establish fundraising channels offshore and strengthen bilateral ties with a strategic partner,
Yahoo Finance
1d
Goldman, JPMorgan Among China’s Picks for Saudi Dollar Bond Sale
(Bloomberg) --
China
has picked banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. to help sell its first ...
2d
on MSN
China, Saudi Arabia should pay up to help the planet cope with climate change: Guilbeault
Environment Minister Steven Guilbeault said Wednesday he wants
China
and
Saudi
Arabia
to contribute money to international efforts to help poorer countries struggling with the worst effects of ...
Opinion
5d
Opinion
Where Saudi’s MBS Beats China’s Deng Xiaoping
The verdict is still out on whether MBS can transform the Gulf nation into the next China. But Deng and Lee, who founded the ...
2d
China proposes to establish a joint working group with Saudi Arabia for real estate cooperation
VCG. China's housing ministry has proposed to establish a joint working group with its Saudi Arabia counterpart to promote bilater ...
4d
on MSN
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil ...
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