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Credit Agricole-Backed Saudi Bank Said to Plan $533 Million Bond
Banque Saudi Fransi, the Saudi lender part owned by Credit Agricole SA, is planning to raise about 2 billion Saudi riyals to bolster its capital base. The Riyadh-based lender hired Saudi Fransi Capital, its investment banking arm, to arrange the sale of capital-boosting Tier 2 sukuk, the people said, asking…
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Click here to read the full story: Bloomberg