DUBAI  - Saudi Basic Industries Corp, the world’s fourth-biggest petrochemicals firm, has hired banks to arrange the sale of U.S. dollar-denominated 10-year bonds and 30-year Formosa bonds, a document showed on Wednesday.

BNP Paribas, Citi and HSBC were hired to arrange investor calls on Wednesday, which will be followed by the issuance, subject to market conditions.

Mizuho Securities, MUFG and SMBC Nikko are also on the deal.

 

(Reporting by Yousef Saba; Editing by Tom Hogue) ((Yousef.Saba@thomsonreuters.com; +971562166204))