Aramco's bond to be in 10b range
Monday, 14 January 2019
ABU DHABI, Jan 13 (Reuters): Saudi Aramco will issue bonds which will probably be in the 10 billion range, Saudi Arabia's energy minister said on Sunday.
Khalid al-Falih, speaking at a conference in Abu Dhabi, did not specify the currency of the planned debt issuance but last week he said at an event in Riyadh that the bonds - which would be Aramco's debut in the international debt markets - are likely to be denominated in US dollars.