BLOCKBUSTER: $100 Billion Demand for First Saudi Aramco Bonds

Posted on 04/10/2019


Oil producer mammoth Saudi Aramco, the world’s most profitable company, sold US$ 12 billion worth of bonds, from the original US$ 10 billion. It was one of the most oversubscribed debt offerings in history. Demand was so strong, at over US$ 100 billion, that Saudi Aramco was able to borrow at a lower yield than […]