News
14 January 2022

Aramco oil pipelines investors miss funding goal with $2.5bn bond sale

In:
Oil & gas
Region:
Middle East & Africa

A group of institutional investors that last year took a stake in Saudi Aramco's oil pipelines network sold $2.5 billion in dual-tranche amortising bonds on Thursday, significantly below the amount sought, a bank document showed.Amid turbulent debt markets, final spreads were unchanged from...

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