January 22, 2018 / 12:32 PM / a month ago

BRIEF-Saudi's Riyad Bank Intends To Establish Bond Issue Program

Jan 22 (Reuters) - RIYAD BANK SJSC:

* INTENDS TO ESTABLISH PROGRAM TO ISSUE PRIMARY AND SECONDARY BONDS AND INSTRUMENTS INSIDE AND OUTSIDE SAUDI, IN SAUDI RIYALS, US DOLLARS OR ANY OTHER CURRENCY‍​

* SAYS‍​ BOND ISSUE PROGRAM AIMS TO DIVERSIFY SOURCES OF FINANCE AND ITS MATURITY AND STRENGTHEN CAPITAL BASE OF BANK Source text for Eikon: Further company coverage:

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