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Aramco wraps up a USD 6 bn bond sale
Offering was 6x oversubscribed, reflecting strong investor demand
Another bond sale in the works for Aramco pipelines
The issuance of amortizing bonds would serve as a long-term method to refinance the bridge loan
Aramco is acquiring 50% stake of Air Products Qudra’s blue hydrogen unit
Aramco can offtake hydrogen and nitrogen as part of the transaction
Saipem lands contracts from Aramco worth USD 500 for two offshore projects
Saipem said the projects would “consolidate its positioning in the Middle East”
Ades secures ten-year extension of rig contract for SAR 1.3 bn
Plus: Saudi Fund for Development to provide USD 4 mn grant to Uganda to improve water access
Strong demand on Aramco’s first bond sale since 2021
This week’s bond sale is the first since Aramco raised USD 6 bn from a three-tranche sukuk offering in 2021
Saudi leads GCC in 2Q 2024 awarded project value
The value of oil projects awarded by Saudi in 2Q jumped to USD 8.5 bn
Aramco takes first bond sale in three years to market
The issuance could raise at least USD 3 bn
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