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Saudi Aramco's International Bond Issue Attracts $30 Billion

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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.

Saudi Aramco’s crucial bond issue, set to close on Wednesday, has already attracted higher-than-expected interest from international investor. (Shutterstock)

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