Riyadh, The Ministry of Finance announces the successful pricing of the fourth international issuance under the Kingdom of Saudi Arabia's Global Medium-Term Note Programme. The total amount of the fourth issuance was U.S.$ 7.5 billion (equivalent to SAR 28.12 billion) consisting of two tranches of Notes as follows: U.S.$ 4 billion (equivalent to SAR 15 billion) 10 years Notes maturing 2029, U.S.$3.5 billion (equivalent to SAR 13.12 billion) 31 years Notes maturing 2050.

The issuance received significant interest from international investors, with the orderbook peaking at U.S.$ 27.5 billion (equivalent to SAR 103.12 billion). The issuance is expected to settle on or about 16 January 2019.

Source: Saudi Press Agency

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