Published: November 8, 2013
Saudi chemicals company’s Netherlands-based subsidiary to gauge appetite for deal.
SABIC Capital, a Netherlands-based subsidiary of chemicals group Saudi Basic Industries Corporation, has launched an international roadshow ahead of a possible debt-market deal.
The company’s management team started its roadshow today (Friday November 8) in London. Other destinations are Frankfurt (Monday), Amsterdam (Tuesday) and Paris (also Tuesday).
A euro-denominated senior guaranteed issuance may follow.
Credit Agricole CIB, ING, JP Morgan, Mitsubishi UFJ Securities and Standard Chartered Bank are running the roadshow.