Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday. State-owned Saudi Aramco, the world’s largest oil company, met investors last week in a global bond roadshow ahead of its planned issuance, which Falih previously said would be in the $10 billion range. The transaction is expected to attract demand from both emerging markets and investment-grade buyers, as although Aramco is state-owned its finances put it in the same league as independent international oil majors like Exxon and Shell. Speaking at an event in Riyadh, Falih said he believed demand for the bond was “north of” $30 billion. The deal will […]