Saudi Arabia's Samba plans five-year fixed-rate notes

By Wendy Van Sickle

Columbus, Ohio, Sept. 25 – Samba Funding Ltd. is planning a benchmark-sized issue of five-year fixed-rate notes, according to a pre-stabilization notice filed with the London Stock Exchange.

The notes would be guaranteed by Samba Financial Group.

Other terms of the deal were not immediately available.

The bank is based in Riyadh, Saudi Arabia.

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