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RIYADH: Banque Saudi Fransi plans to issue US-dollar-denominated notes under its Medium Term Note Program.
The issuance will be made through an international and Saudi Arabian special-purpose vehicle offering to eligible investors, according to a bourse filing.
The bank has appointed Citigroup Global Markets Limited, JP Morgan Securities, HSBC Bank, Merrill Lynch International, Standard Chartered Bank and Saudi Fransi Capital as joint lead managers.