CEEMEA sovereign pair make an entrance

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By Francesca Young
21 Jan 2020

Two CEEMEA sovereigns are taking the plunge this week — the Kingdom of Saudi Arabia with a triple tranche dollar benchmark and Romania with a dual tranche euro bond.

Saudi Arabia released initial price guidance on Tuesday morning on a seven year at 110bp over US Treasuries, a 12 year at 135bp over and a 35 year at 180bp over.

Citi, Morgan Stanley and Standard Chartered Bank are global coordinators and joint lead managers. ...

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