10 July 2024

Saudi Aramco returns to debt market with dollar bond sale

Oil & gas
Middle East & Africa

Saudi Aramco made its return to the debt market after a three-year hiatus.Aramco hired banks to sell bonds maturing in ten, 30 and 40 years, a document from one of the banks working on the deal showed. Aramco is likely to raise at least $3 billion across the three tranches, sources said.Citi,...

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