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Published on 10/18/2023 in the Prospect News Emerging Markets Daily.

Saudi Arabia’s Public Investment Fund works on new benchmark offering

Chicago, Oct. 18 – Saudi Arabia’s Public Investment Fund through issuer SUCI Second Investment Co. is in the market with a two-part benchmark sukuk offering, according to a notice.

The fund is selling a sukuk offering due Oct. 25, 2028 and Oct. 25, 2033.

The dollar deal lists HSBC Bank plc, Citigroup, JPMorgan and Standard Chartered Bank as bookrunners.

The issuer is the sovereign wealth fund of Saudia Arabia.


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