ZAWYA: Saudi Investment Bank upsizes Asian syndicated loan to $750mln

SAIB

SAIB

1030.SA

0.00

First published: 31-Oct-2025 11:03:53

Staff Writer

Saudi Investment Bank (SAIB), rated BBB/A− by S&P/Fitch, has upsized its debut Asian syndicated dual-tranche loan to $750 million.

The Saudi bank, which held its Q3 earnings call on Thursday, revealed that the loan saw a 2.2x oversubscription based on strong investor appetite, with an excess of $1 billion of commitments. This resulted in the facility size to increase from its initial $500 million launch size to $750 million at close.

MUFG acted as the sole mandated lead arranger and bookrunner on the transaction, which consisted of three-year and five-year tranches.

(Writing by Bindu Rai, editing by Seban Scaria)

bindu.rai@lseg.com

 

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.