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Aramco Starts Debut Sale of Dollar-Denominated Islamic Bonds - Bloomberg

Aramco Starts Debut Sale of Dollar-Denominated Islamic Bonds - Bloomberg Saudi Aramco, the world’s biggest energy company, started marketing its first dollar-denominated Islamic bond sale.The state-controlled company is offering sukuk due in three, five and 10 years, according to a person familiar with the matter, who asked not to be identified as the details are private.The firm is raising cash to help finance its plans to pay out $75 billion in dividends, a commitment that the oil company ma...
Tags: Travel, Saudi Arabia, Bloomberg, Aramco, Bloomberg Intelligence, Rupert Neil Bumfrey, Bloomberg Saudi Aramco, Jaimin Patel, Damian Sassower