DUBAI, July 10 (Reuters) – Saudi Aramco (2223.SE), opens new tab has begun a three-part bond sale, news service IFR reported on Wednesday, which could raise at least $3 billion, a source with knowledge of the matter previously told Reuters.
The sale comes after Saudi Arabia raised a total of $12.35 billion from a much-anticipated secondary share sale in Aramco, after increasing the size of the offering, a document showed.
The bond sale marked Aramco’s return to debt markets after a three-year hiatus, taking advantage of favourable market conditions.
Source: REUTER
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