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Kingdom Holding seeks to sell first bonds, tap the debt mar

 
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Kirk
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PostPosted: Thu Mar 01, 2012 7:08 am    Post subject: Kingdom Holding seeks to sell first bonds, tap the debt mar Reply with quote

Kingdom Holding Co (KHC), the investment firm controlled by Prince Alwaleed bin Talal, is seeking to sell bonds for the first time, joining an increasing number of Saudi Arabian companies aiming to tap the debt market, Bloomberg has reported. KHC will hold a shareholdersÂ’ meeting March 27 to seek approval to sell conventional or Islamic bonds, the Riyadh-based company said, without providing further details.

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