Saudi Aramco intends to issue dollar bonds in London

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These notes will be senior and unsecured. The offering price will be determined by market conditions.

Saudi Aramco, the world’s largest oil company, announced In the world, Today, it announced plans to issue $3 billion in dollar bonds.

These bonds will be senior and unsecured. The value of the offering will also be determined according to: Market conditions.

An application will be made for the bonds to be admitted to trading on the London Stock Exchange.

Bloomberg said, citing informed people, that Aramco is looking to raise at least $3 billion through its first bond sale in three years.

 

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