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Saudi Aramco Gets $8 Billion with Jumbo Five-part Bond Deal
2020-11-17 21:37:29| OGI
The company received $48.1 billion in orders for the debt sale, less than half what it drew for its debut bond sale last year, a document showed.
Saudi Aramco Plans Debt Market Comeback with Multitranche Bond Deal
2020-11-16 11:22:22| OGI
Saudi Aramco said on Nov. 16 it had hired banks for a multitranche U.S. dollar-denominated bond issuance, as the worlds largest oil company seeks cash amid lower oil prices.
Saudi Aramco Reports Nearly 45% Drop in Quarterly Profit
2020-11-03 16:30:00| OGI
State oil giant Saudi Aramco on Nov. 3 reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.
Tags: reports
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Aramco, BlackRock, Others Discussing Deal Worth over $10 Billion
2020-10-14 11:25:00| OGI
The deal, internally dubbed "Project Seek," is still in its initial phase and there is no formal decision on the investors yet, one of the two sources familiar with the matter said.
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Sole Survivor? Saudi Aramco Doubles Down on Oil to Outlast Rivals
2020-10-07 11:20:00| OGI
Aramco's plan to boost its capacity to 13 million bbl/d is central to its strategy as it wants to be ready to grab a bigger market share when demand recovers, sources briefed on Saudi Arabia's oil thinking said.
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