Aramco bond offering

Written by  John McKay
Tuesday, 17 November 2020
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Nov 17 (LNGJ) - The Saudi Arabian Oil Company, the world’s biggest oil industry operator with future LNG and natural gas plans, is planning to offer around $6 billion of bonds following a $12Bln bond sale in April 2019 that sparked buying orders of over $100Bln, mostly from US fund managers and making it the most over-subscribed bond sale in history. Dhahran-based Saudi Aramco is said to be offering five tranches maturing in three years, five years, 10 years, 30 years and 50 years.

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