șÚÁÏÉçÇűn Oil Co.âs (Saudi Aramco) $8 billion senior, dollar-denominated bond issue attracted 150 new investors, Al Sharq TV reported, citing Khalid H Al-Dabbagh, Senior Vice President of Finance, Strategy and Development.
âThe successful bond completion reflects investorsâ confidence in Saudi Aramco and the Kingdomâs economy, and it implies Saudi Aramcoâs resilience amid the ongoing challenges, especially in the energy industry,â Al-Dabbagh said.
The $8 billion senior, dollar-denominated bond included a new tranche with a 50-year maturity, Al-Dabbagh said, adding that the bond issue completion reflects investorsâ high turnout and confidence in the companyâs position as well as future plans.
Saudi Aramco announced yesterday, Nov. 25, the successful completion of $8 billion senior, dollar-denominated bonds, unsecured by assets under its Global Medium-Term Note (GMTN) Program, data compiled by Argaam showed.
