Saudi Arabia Said to Target First Dollar Bond After Fed Meeting

  • Kingdom said to plan sale of more than $10 billion of bonds
  • Roadshow for investors said to be expected at end of September

Why Saudia Arabia Plans to Sell International Bond

Saudi Arabia is planning to sell its first international bond in early October as the country seeks to plug a budget deficit estimated at about $80 billion this year, according to people with knowledge of the matter.

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