![Saudi hires banks for first global bond sale](https://assets.fnlondon.com/2016/06/IMG011616_full4x3.jpg)
Saudi Arabia has hired JP Morgan, HSBC and Citigroup to help sell its debut international bond, a person familiar with the matter said on Sunday, as the kingdom seeks to shore up its finances hurt by low oil prices.
Saudi Arabia has already secured a $10 billion loan from a consortium of international lenders in April and has sold debt to its domestic banks.