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Category: Saudi Arabia

Category:
  • Saudi Arabia

High-Hyped $12B Aramco Bond Sees Disappointing First-Day Moves

After seeing significant interest with an unprecedented $100 billion in orders on Tuesday, Aramco’s bond saw but mild upward moves on Wednesday, its first day out of the gate. The Continue Reading

Posted On : 11 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco sells $12 billion bonds out of record $100 billion demand

 Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vrecord-breakingonfidence for the oil giant Continue Reading

Posted On : 10 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco’s new bonds inch up in early trade: sources

Saudi Aramco’s newly issued dollar-denominated bonds inched up on Wednesday, with longer-dated paper outperforming, sources familiar with the matter said. The company on Tuesday issued $12 billion worth of paper, Continue Reading

Posted On : 10 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Run On Aramco Bonds Could Sideline IPO

The Saudi plan to use their state-run oil giant, Aramco, as a piggy bank panned out fabulously for the Kingdom on Tuesday, with international investor demand topping $100 billion in Continue Reading

Posted On : 10 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Energy Minister: Saudi Arabia Could Be Natural Gas Exporter In Five Years

Saudi Arabia could begin natural gas exports in five-six years as it has already begun talks with neighboring Gulf Arab states to build natural gas pipelines, S&P Global Platts quoted Continue Reading

Posted On : 9 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco’s Mega Debt Deal Is A Raging Success

Just a day after the Saudis allegedly threatened the hegemony of the almighty petrodollar, Saudi Aramco began the sale of its first-ever dollar bonds with an order-book of around $40 Continue Reading

Posted On : 9 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Arabia Rejects Reports About Plans To Drop Dollar As Oil Currency

“The Ministry of Energy, Industry and Mineral Resources affirmed today that recently circulated claims that the Kingdom of Saudi Arabia is threatening to sell its oil in currencies other than Continue Reading

Posted On : 9 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Demand for Aramco’s bonds swells to over $85 billion: source

Saudi Aramco has attracted orders in excess of $85 billion for its planned debut international bond, a source familiar with the matter said. Aramco was expected to raise around $10 Continue Reading

Posted On : 9 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco Bond Sale Flies as Investor Orders Near $60 Billion

It is bigger and more profitable than Apple, Alphabet and Amazon combined. Aramco opens its books in the first step toward a potential public listing. Aramco has won about $60 Continue Reading

Posted On : 9 Apr 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco’s True Breakeven Price

Saudi Aramco, the national oil company of Saudi Arabia, is by far the largest oil company in the world. The company produces around 13 percent of the world’s oil, but Continue Reading

Posted On : 8 Apr 2019 Published By : Tom Whipple

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