From: jeffrey E. <jeevacation@gmail.com>
Sent: Tuesday, October 18, 2016 7:47 PM
To: Richard Kahn
Subject: Re: ** KINGDOM OF SAUDI ARABIA - TERMS/TIMING ** [C]
Pass
On Tuesday, 18 October 2016, Richard Kahn < > wrot=:
no= sure if you only wanted information or wanted to put in an order
book=for US closes today at 5pm and UK closes at 9am local time tomorrow
<=iv>
indication from HSBC to DB is that deal is coming in on =ower end of range $10-$15 billion
please advise if you wou=d like to put an order in or pass
thank you
=div>
Richard Kahn
HBRK Associates Inc.
New York, NY 10022
tel
fax
cell
Begin forwarded message:
<=iv style="margin-top:0px:margin-right:0px:margin-bottom:0px:margin-left:=px">From: Richard Ka=n
<javascript:_e(%7B%7D:cvml gm=il.com*);»
Subject: Fwd: ** KINGDOM OF SAUDI ARABIA - TERMS/TIMING 4>=85* [C]
<=>Date: October 18, 2016 at 8:48:25 AM EDT
To: "j=ffrey E." <jeevacation@gmail.com <javascript:_e(%7B°47D/cvml7jee=acation@gmail,com);>
><=r>
Richard Kahn
HBRK Associates Inc.
EFTA_R1_01545071
EFTA02447843
New York, NY 10022
tel
fax
cell
Begin forwarded message:
<=iv style="margin-top:Opx;margin-right:Opx;margin-bottom:Opx;margin-left:=px">From:
Darlene Zong <
Subject: ** KINGDOM 0= SAUDI ARABIA - TERMS/TIMING ** (C)
Date: October 18, 2016 at 8:4=:07 AM EDT
To: Richard Kahn <
<javascript:_e(%7B%7D,'cvm ):>
Cc: D=niel Sabba <
<javascript:_e(%7B%7D,'cvmli >, Vahe St=panian
<javascript:_e(%7B%7D,'cvmli ;», Stewart=Oldfi
<javascript:_e(%7B%7D,'cvmll ):>>
Classification: Confidential
THIS ANNOUNCEMENT IS NOT BEING MADE IN AND COPIES OF=IT MAY NOT BE DISTRIBUTED OR
SENT INTO THE UNITED STATES (EXCEPT THAT IT M=Y BE SENT IN THE UNITED STATES DIRECTLY TO QUALIFIED
INSTITUTIONAL BUYERS =S DEFINED IN RULE 144A UNDER THE U.S. SECURITIES ACT OF 1933), CANADA, AUSTRALIA OR
=APAN.
**=984, KINGDOM OF SAUDI ARABIA - TERMS/TIMING *40=9840
Issuer: The Kingdom of Saudi Arabia acting through the Ministry of Finance<=r> Issuer rtgs: Al
(stable) / AA- (neg) (Moody's/Fitch)
Format: 144A / Reg S
Status: Senior, Unsecured
Tenor: SYR I 10YR I 30YR
Size USD Bmk USD Bmk I USD Bmk
Coupon: FXD SA 30/360 I FXD SA 30/360 I FXD SA 30/360
Guidance: T+160bps area I T+185bps area I T+235bps area
B&D: Citi I HSBC 11.P. Morgan
Settlement: (T+5)
Denoms: US5200k+lk
Listing: Irish Stock Exchange regulated market
Law: English
Glo-Cos: Citi, HSBC, J.P. Morgan
2
EFTA_R1_01545072
EFTA02447844
JLMs/lt•Bks: Citi, HSBC, J.P. Morgan, Bank of China, BNP PARIBAS, Deutsche =ank, Goldman
Sachs, Morgan Stanley, MUFG, NCB Capital
Timing: Global books open
Expect US Books subject at 5pm NY today (Tues)
Expect Europe/MENA/Asia Books subject at 9am UK tomorrow (Weds)
Pricing tomorrow (Weds)
The securities referred to herein may not be sold in the United States abse=t registration or an
exemption from registration under the U.S. Securities=Act of 1933, as amended (the "Securities Act"). The Kingdo= of
Saudi Arabia does not intend to register any of the securities in the United States or to conduct a public offering of =he
securities in the United States. The securities will be offered in the =nited States to qualified institutional buyers
pursuant to Rule 144A under=the Securities Act and outside the United States pursuant to Regulation S under the
Securities Act. This =nnouncement is being issued pursuant to and in accordance with Rule 135c u=der the Securities
Act.
This communication does not constitute an offer of the Securities to the pu=lic in the United
Kingdom. No prospectus has been or will be approved in t=e United Kingdom in respect of the Securities. This
communication is being=distributed to and is directed only at (i) persons who are outside the United Kingdom or (ii)
persons who=are investment professionals within the meaning of Article 19(5) of the Fi=ancial Services and Markets Act
2000 (Financial Promotion) Order 2005 (the="Order") and (iii) high net worth entities, and other persons to whom it may
lawfully be communicated, falli=g within Article 49(2)(a) to (d) of the Order (all such persons together b=ing referred to
as "Relevant Persons"). Any investment act=vity to which this communication relates will only be available to and will
only be engaged with, Relevant Persons. Any perso= who is not a Relevant Person should not act or rely on this
document or a=y of its contents.
=span>
Darlene Zong, CFA</=pan>
Key Client Partn=rs I Deutsche Bank Securities, Inc
I I=a
href="javascript:_e(%78%7D,'cvml', =);" target="_blank"
=45 Park Avenue, 26th Floor, New York, NY, 10154
3
EFTA_R1_01545073
EFTA02447845
This communication may contain confidential and/or privileged information. =f you are not the
intended recipient (or have received this communication =n error) please notify the sender immediately and destroy this
communicati=n. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly
forbidde=.
Deutsche Bank does not render legal or tax advice, and the information cont=ined in this
communication should not be regarded as such.
40=A0 please note
The information contained in this commu=ication is
confidential, may be attorney-client privileged, may
cons=itute inside information, and is intended only for
the use of the addre=see. It is the property of
JEE
Unauthorized use, disclosure or copyi=g of this
communication or any part thereof is strictly prohibited
a=d may be unlawful. If you have received this
communication in error, pl=ase notify us immediately by
return e-mail or by e-mail to jeevacation@gmail.com, a=d
destroy this communication and all copies thereof,
including all a=tachments. copyright -all rights reserved
4
EFTA_R1_01545074
EFTA02447846