Saudi Aramco plans to raise billions by issuing international bonds, as low oil prices and a grim demand outlook loom over its finances
18.11.2020
MOSCOW (MRC) -- Saudi Aramco, the world's biggest oil company, will issue a multi-tranche international bond, reported Business Insider with referenceВ to a filing with the national stock exchange.The company has hired Citi, Goldman Sachs International, HSBC, JP Morgan, Morgan Stanley and NCB Capital to underwrite the sale.Aramco did not specify how large the dollar-denominated issuance