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Saudi Aramco raises $3 billion from 2nd debt sale since Jul.
Saudi Aramco raises $3 billion from second debt sale since July
State oil giant Saudi Aramco has raised $3 billion from two-part Islamic bonds, or sukuk, tapping the debt markets for the second time this year as it expects to pay huge dividends, mainly to the government.
Aramco Sells $3 Billion Through Dollar Sukuk Bond Sale
Saudi Aramco raised $3 billion through its dollar Sukuk bond sale, its first such deal since a 2021 debut. The transaction is split between dollar-denominated benchmarks of five and 10-years that comply with Islamic rules,
Saudi Aramco Looks To Raise $3 Billion from New Bond Issue
Saudi Aramco, the world’s largest oil company, is looking to raise up to $3 billion from U.S.-dollar denominated Islamic bonds
Aramco raises $3bn in sukuk sale with over 7 times oversubscription
Saudi Aramco has raised $3bn through its first international sukuk sale since 2021, with the offering more than seven times oversubscribed, according to sources familiar with the matter, Al Eqtisadiah reported.
Aramco Targets $3 Billion From Bond Sale Amid Saudi Debt Spree
Saudi Arabia’s state-run oil behemoth started the sale of a second round of international bonds just two months after it raised $6 billion, the latest deal in the kingdom’s debt spree this year.
2d
Saudi Aramco tightens price guidance for 5- and 10-year bonds, says IFR
Saudi Aramco , the state-owned oil company, has tightened the price guidance for its 5- and 10-year dollar bonds, according ...
2d
Aramco raises $3bn in debt sale as Saudi Arabia drops $100 barrel oil price
Saudi Arabia is preparing to increase its oil output to regain its market share, with abandoning its required oil price part ...
globalconstructionreview
1d
Aramco joins forces with Chinese giant for ‘materials science breakthroughs’
Saudi national oil company Aramco has signed a five-year cooperation deal with China National Building Material Group (CNBM).
Upstream
2d
Saudi Aramco gets ball rolling on $1 billion strategic oil and gas expansion project
Expansion of Haradh GOSP-3 facility in Saudi Arabia’s Eastern Province could boost plant’s oil production capacity to 420,000 ...
4d
on MSN
Saudi Aramco launches second bond sale to support dividends, investment as oil profits fall
Saudi Arabia’s state-controlled oil company, Saudi Aramco, has launched a second round of international bond sales, just two ...
energyintel
3d
Aramco Hits Stride in Downstream Expansion Push
The Saudi NOC emerged from the Covid downturn restructured and ready to expand efforts to convert crude to chemicals and ...
2d
Qualcomm, Aramco and RDIA Plan Design in Saudi Arabia Startup Program
RIYADH, SAUDI ARABIA / ACCESSWIRE / September 25, 2024 / QualcommPlanned program would seek to support AI and Internet of ...
Gulfbusiness.com on MSN
1d
Qualcomm, Aramco, RDIA launch incubator for high-tech startups
Qualcomm, through its subsidiary Qualcomm Technologies, has partnered with Aramco and Saudi Arabia’s Research, Development ...
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