SITC
7050
-4.33%
24.30
-1.10
7050
Saudi Telecom Co (STC) has picked three banks to manage its debut Islamic bond offer, banking sources close to the deal told Reuters.
The telco has chosen JP Morgan Chase, Standard Chartered and the investment banking arm of Saudi Arabia's National Commercial Bank to arrange the transaction, the sources said.
The telco has chosen JP Morgan Chase, Standard Chartered and the investment banking arm of Saudi Arabia's National Commercial Bank to arrange the transaction, the sources said.
Source:
Mubasher