SABIC issues USD2bn dual-tranche to Saudi debt
04 Oct 2018Tranche A: USD1bn, coupon 4.00%, due 10 October 2023. Reoffer 99.592, spread T+115bp. Yield 4.091%.
Tranche B: USD1bn, coupon 4.50%, due 10 October 2028. Reoffer 99.174, spread T+155bp. Yield 4.604%.
Common terms: Expected deal size USD2bn. Issuer SABIC Capital II B.V. Guarantor Saudi Basic
