Thursday 22, April 2010 by
Gulf International Bank raises SAR 3.5 billion ($933 million)
The five-year bond issue has been priced at 110 basis points over SIBOR (Saudi Interbank Offer Rate). The pricing was finalised at the lowest end of the original price indication of 110 to 120 basis points, demonstrating, says the bank, the overwhelming demand and success of the transaction.
