Saudi PIF Sets Threepart Dollar Bond Spreads as Demand Tops 21.6 Bln

Saudi Arabia's Public Investment Fund set spreads for a three-part benchmark dollar bond on Thursday after drawing more than $21.6 billion in combined demand. The PIF tightened pricing on the three-year tranche to 95 basis points over US Treasuries from initial guidance of around 130 bps, the seven-...