Hedge Funds & Alternative Investments
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Gulf International Bank B.S.C. raises SAR2 billion through an oversubscribed bond issue
Gulf International Bank's latest bond issue met with strong demand as the bank on 19th April, 2016 successfully priced its senior unsecured SAR2 billion 5-year Floating Rate Notes issuance at a spread of 140 basis points above three-month SAIBOR. The issuance was well oversubscribed, achieving an attractive spread for GIB…
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Source: GIB Capital L.L.C.