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APICORP issues $750mln five-year bond
The Arab Petroleum Investments Corporation has issued a $750 million five-year bond. The issuance is part of APICORP’s $3 billion Global Medium-Term Note (GMTN) program and will bolster the corporation’s business operations, the development bank said in a statement. The five-year notes’ cost of funding is 1.46 percent per annum…
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