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- Bahrain All Share Index, Islamic Index close lower
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19/09/2025 02:11 AST
Saudi energy giant Aramco has raised $3 billion through a dual-tranche sukuk issuance, highlighting strong global investor confidence and reinforcing the Kingdom's standing in international Islamic finance.
Priced on Sept. 10, the securities were listed on the London Stock Exchange, the company said. Proceeds will be used for general corporate purposes, supporting Aramco's strategy to maintain financial flexibility and operational efficiency.
The new sukuk tranches comprise $1.5 billion maturing in 2030 with a profit rate of 4.125 percent per annum, and $1.5 billion maturing in 2035 at 4.625 percent per annum.
The issuance follows a similar $3 billion two-tranche sukuk in October, which was six times oversubscribed. That sale included a $1.5 billion tranche maturing in 2029 at 4.25 percent and another $1.5 billion tranche due in 2034 at 4.75 percent.
Ziad Al-Murshed, Aramco executive vice president of finance and CFO, said: "We believe this successful issuance reflects the confidence of global investors in Aramco's exceptional financial resilience and robust balance sheet, as we continue to optimize our capital structure."
He added: "Our ability to price the offering with a negative new issue premium across both tranches demonstrates Aramco's unique credit proposition and standing within international capital markets."
According to the company's press release, the offering attracted robust demand from top-tier institutional investors.
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These new,
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Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ABAR | 169.00 | 0.00 (0.00 |
| ADNOCGAS | 3.39 | 0.03 (0.89 |
| ADNOCDRILL | 5.32 | 0.01 (0.18 |
| ADES | 14.62 | -0.18 (-1.22 |
| BAHRI | 22.47 | 0.27 (1.21 |
19/09/2025
As part of its Corporate Social Responsibility and in support of Egypt's efforts to create a sustainable ecosystem that depends on renewable energy as one of the most important sources of energy, NBK
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19/09/2025
Extending Al Maha's relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company's Chief Executive Officer, Eng. Hamed bin Salim Al Maghdri, signed a ne
Times of Oman
19/09/2025
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The Peninsula
19/09/2025
Al Seer Marine, a leader in advanced maritime solutions and a subsidiary of IHC, has announced with BGN the delivery of Merak, its third Very Large Gas Carrier (VLGC) equipped with ammonia-carrying c
Trade Arabia
19/09/2025
AD Ports Group, a global enabler of trade, transport, logistics, and industry, has awarded a contract to Baku Shipyard in Azerbaijan for the construction of two 780 TEUs container vessels that will s
Trade Arabia
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