Apicorp seeks five year

By Ross Lancaster
23 Jun 2020

Arab Petroleum Investment Corp (Apicorp) was in the market on Tuesday for a five year benchmark bond, having mandated for the deal in April.

Apicorp mandated for the deal two months ago, hiring Citi, Goldman Sachs and Standard Chartered to explore either a three or five year transaction.

Since then the Saudi-based multilateral development bank has announced a support package to fight the impact of Covid-19 and volatile oil ...

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