PIF plans to issue sterling-denominated bonds: Report

03/06/2024 Argaam
Logo of The Public Investment Fund (PIF)

Logo of The Public Investment Fund (PIF)


The Public Investment Fund (PIF) appointed certain banks to issue dual-tranche sterling-denominated bonds, Reuters reported.

 

The fund tasked Barclays, BNP Paribas, HSBC, and JPMorgan as joint global coordinators to arrange meetings with investors starting today, June 3, according to the news agency, citing fixed income news service International Financing Review (IFR).

 

Additionally, the PIF intends to sell unsecured bonds in two tranches with maturities of five years and 15 years.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.