The company could issue debt with a duration of 15 to 50 years, chief financial officer Ziad Al-Murshed said at a conference in Riyadh. The ability to sell debt with that duration indicates investors see Aramco, which already has one 50-year bond, remaining relevant in the business of selling oil and natural gas for transport and chemicals production through at least 2070.
"Markets are becoming more stable, so you can expect us to be active in the market," Al-Murshed said.
Diese Geschichte stammt aus der February 20, 2024-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der February 20, 2024-Ausgabe von Mint Mumbai.
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