Banque Saudi Fransi to moot debt issuance

Banque Saudi Fransi plans to meet investors in Europe, Asia and the Middle East next week to test the waters for a potential debt issuance, Reuters has reported. 'If investors show appetite for bond, of whatever nature, then we will see if we will issue or not,' one bank executive, who declined to be identified said. The Saudi affiliate of France's Credit Agricole is set to begin presentations in Saudi Arabia on March 14 before moving to selected countries in Asia and Europe, he said.