Saudi Aramco bond issue attracts ‘north of $30bn’

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Frank Kane & Abdulaziz Alaquil
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1554756274784068200
Mon, 2019-04-08 23:45

RIYADH: Saudi Aramco’s crucial bond issue, set to close on Wednesday, has already attracted higher-than-expected interest from international investors, the Kingdom’s energy minister, Khalid Al-Falih, has revealed.
Speaking on Monday at the inaugural Saudi Energy Forum in Riyadh, organized by information consultancy Gulf Intelligence, Al-Falih said that the issue attracted demand “north of $30 billion.”
The minister, however, declined to give details of the final amount to be raised or the pricing.

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