The nominal value (of the instrument/bond) of Saudi Aramco is US$200,000 and integral multiples of US$100,000 in excess of that amount.
Saudi Arabian Oil Company announced (Aramco Saudi Arabia), in a statement on the website “Saudi Trading ”Today, Thursday, the completion of the issuance of international medium-term bonds, with a value of $6 billion. The company began issuing international medium-term bonds on July 9, which constitute direct, general, unconditional, and unsecured obligations in US dollars from Saudi Aramco.
The total number of (sukuk/bonds) was 30 thousand, while the nominal value of (sukuk/bond) was 200 thousand US dollars and integral multiples of 100 thousand US dollars in excess of that amount.
The return on the (sukuk/bond) is 5.250% for bonds due within ten years, 5.750% for bonds due within thirty years, and 5.875% for bonds due within forty years.
The Sukuk include redemption terms on maturity; redemption after an event of default.
The Company may redeem in the event of a tax event, a call option at par value on maturity from the issuer, a full call option, and a call option available to bondholders in the event of a change in control event at the option of bondholders.
The Notes will be offered in accordance with Rule 144-A and Regulation S of the United States Securities Act of 1933, as amended.
The stability rules of the Financial Conduct Authority (FCA) and the International Financial Market Corporation will also apply to the offering.
An application will be made for admission of the Notes to the Official List of the Financial Conduct Authority and the London Stock Exchange. The Notes will be admitted to trading on the Main Market in London.
