News
30 June 2020

APICORP Issues benchmark $750m 5-year bond

Region:
Middle East & Africa

The Arab Petroleum Investments Corporation (APICORP) has issues a benchmark $750 million dollar-denominated five-year bond in the RegS markets. The note’s fixed cost of funding - 1.46% - is the lowest in the history of APICORP, and the spread of 110bps is the lowest in the region compared...

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