Saudi Aramco’s dollar bond offering amounts to $8 bln: Report

18/11/2020 Argaam

The value of the Saudi Aramco dollar bond offering amounted to $8 billion (SAR 30 billion), Bloomberg reported, citing sources.

 

Investors placed more than $50 billion of orders, the report said.

 

According to data available with Argaam, Saudi Aramco announced on Nov. 16 the issuance of senior, dollar-denominated bonds, unsecured by assets under its Global Medium-Term Note (GMTN) Program.

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