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Guidance set on $533m GIB note
Bahraini lender Gulf International Bank has set guidance of 72.5 basis points over the three-month Saudi interbank lending rate on a new two billion Saudi riyal ($533 million), five-year private placement floating rate note (FRN). The issuer completes investor meetings for the deal on Monday and settlement is scheduled for…
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Click here to read the full story: Gulf News Daily