Aramco likely to sell debt this year with longer-dated focus
Mint Mumbai|February 20, 2024
Saudi Aramco may sell bonds this year as financial markets have improved and the company looks to offer longer-dated debt, according to the state oil producer's finance chief.
Aramco likely to sell debt this year with longer-dated focus

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.

この記事は Mint Mumbai の February 20, 2024 版に掲載されています。

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この記事は Mint Mumbai の February 20, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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