Saudi Arabia hires Goldman Sachs and Société Générale for bond meetings in Europe

Saudi Arabia has hired Goldman Sachs and Société Générale to meet potential investors in a non-deal roadshow, potentially paving the way for the kingdom to launch its first bonds in euros according to both Reuters and Bloomberg. Riyadh began issuing international bonds in 2016 after lower oil prices hit its finances. Since then, it has become one of the biggest international debt issuers, having sold nearly $60bn in US dollar-denominated bonds. According with two people familiar with the matter, Saudi Arabia may sell euro-denominated bonds for the first time after testing investor app...