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2019-01-14 11:20:00

SAUDI ARAMCO BONDS: $10 BLN

SAUDI ARAMCO BONDS: $10 BLN

PLATTS - Saudi Arabia's state-owned oil giant Aramco will seek to sell around $10 billion in bonds to help fund the purchase of petrochemicals firm Sabic, Saudi energy minister Khalid al-Falih said Sunday.

"It will be probably in the $10 billion range but we will decide in the next few weeks," Falih told reporters on the sidelines of an Atlantic Council forum in Abu Dhabi.

The offering, which would be Aramco's first international bond sale, would likely be issued in…

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Tags: SAUDI ARAMCO, SABIC
Chronicle:
SAUDI ARAMCO BONDS: $10 BLN
2019, August, 16, 10:10:00
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