Saudi Aramco announces the start of the launch of international bonds in US dollars
The Saudi Arabian Oil Company “Saudi Aramco” announced today the start of the process of offering international bonds residing in the US dollar, as part of its medium -term international bond program, according to what was disclosed on the Saudi Trading website.
The bonds will form direct, public obligations, not conditional and not guaranteed by the origins of Saudi Aramco, provided that the final offering, the return price and the period of entitlement will be determined based on market conditions.
The offering, which will start on May 27, 2025, and ends on June 2 of the same year, will be a minimum subscription of $ 200,000, and complications of $ 1,000.
The offering targets investors from qualified institutions in the countries concerned, provided that it includes various recovery options based on cases such as failure to pay, the tax event, or change control.
The participating authorities include the issuance management, as active directors of the subscription record: HSBC, Goldman Sachs International, G. with me. Morgan, City.
As an inactive manager of the subscription registry, Al -Ahly Financial, Riyadh Financial, SMBC, Abu Dhabi First Bank, Abu Dhabi Commercial Bank, China Bank, Standard Chartrad, Emirates NBD Capital, Maryle Linch, Saudi Arabia, Mezoho, Natxis, MUFG.
The company explained that the date mentioned in the end of the offering is an expected date and may be subject to changes according to the market conditions.
