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Sabic unit adjusts bond yield
2007-08-18 - AME Info | Saudi Arabia | Latest News - The Netherlands based Sabic Innovative Plastics Holding, a subsidiary of the Saudi Basic Industries Corporation, Sabic, has cut the planned yield on its $1.5bn bond, according to Gulf News. The eight year bond will now be expected to yield 9.5% and will be priced at par, while previously a yield of around 10.3%, with a pricing at a discount to par, had been anticipated.  

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