Saudi Electricity sets roadshow for notes issue

By Christine Van Dusen

Atlanta, March 24 - Saudi Electricity Co. will set out on Tuesday for a roadshow to market an issue of notes, a market source said.

The company has mandated Deutsche Bank, HSBC and JPMorgan for the Rule 144A and Regulation S deal.

The roadshow will be held in the United States and Europe.

SECO previously announced that it would issue riyal- and dollar-denominated notes sometime in early 2014.

The utility company is based in Riyadh, Saudi Arabia.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.