13 Hrs
Source:
الاقتصادية
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Investors' interest drives top factors before Saudi debt restructuring
Saudi Arabia is working on restructuring its sovereign debt obligations through an active management of its debt portfolio. This includes early repurchase of part of the debt instruments worth 17.1 billion riyals and issuing new sukuk worth 17.2 billion riyals, divided into five tranches extending until 2041. The goal of this process is to improve the distribution of maturities and increase the average maturity of the debt portfolio, which reduces refinancing risks and enhances the resilience of public finances, without increasing the overall debt level. This strategy is part of Saudi Arabia's efforts to achieve effective debt management by rebalancing the cost of financing and risks, while maintaining confidence in its sovereign instruments and its ability to attract investors.
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