GulfBase Live Support
Leave a message and our representative will contact you soon
28/05/2025 01:43 AST
Saudi Aramco has launched the sale of a three-part, dollar-denominated bond, with tranches of 5-, 10- and 30-year maturities, fixed income news service IFR reported on Tuesday.
The oil giant set an indicative price for the 5-year tranche at 115 basis points over US Treasuries, while the 10-year and 30-year tranches carry initial price guidance of 130 bps and 185 bps respectively over US Treasuries, IFR reported.
The deal is expected to be priced later on Tuesday and will be of benchmark size, usually considered to be at least $500 million.
Citi, Goldman Sachs International, HSBC and JPMorgan are leading the transaction, with Abu Dhabi Commercial Bank, Bank of China, BofA Securities, Emirates NBD Capital, First Abu Dhabi Bank, Mizuho, MUFG, NATIXIS, Riyad Capital, SMBC, SNB Capital and Standard Chartered Bank acting as passive book-runners.
Reuters
30/05/2025
Saudi Aramco will continue tapping bond markets in the future despite maintaining one of the lowest gearing ratios in the energy industry, according to a top official.
In an interview with
Arab News
30/05/2025
Saudi Aramco has reduced its official selling prices for propane and butane for June 2025, according to a company statement issued on Thursday.
The price of propane was cut by $10 per tonne
Arab News
29/05/2025
Saudi Aramco has priced its dollar-denominated 3-part bonds at $5 billion and set spread for them, fixed income news service IFR reported on Tuesday.
Aramco priced its five-year debt sale at
Reuters
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
ABAR | 149.00 | 1.00 (0.67 |
ADNOCGAS | 3.28 | 0.02 (0.61 |
ADNOCDRILL | 5.25 | -0.05 (-0.95 |
BAHRI | 30.50 | -0.40 (-1.30 |
ADES | 13.96 | 0.22 (1.60 |
30/05/2025
Gulf Bank has rolled out an exclusive offer for Kuwaiti citizens under the slogan "Start Smart." As part of this campaign, customers who transfer their salaries to Gulf Bank can receive a cash gift o
Kuwait Times
30/05/2025
AlRayan Bank rated A2 by Moody's with a stable outlook has successfully issued its $500m 5-year Senior Unsecured RegS Sukuk at a final Price of 5-year US Treasuries + 80 bps (Expected Profit rate of
The Peninsula
30/05/2025
Gulf Warehousing Company (GWC) - one of the leading logistics providers in the MENA region, organised a blood donation campaign in collaboration with Hamad Medical Corporation, as part of its corpora
The Peninsula
30/05/2025
IHC, a global investment company focused on building dynamic value networks, made an impactful presence at the Make it in the Emirates (MIITE) Forum 2025 announcing 30+ strategic deals and 12 new pro
Trade Arabia
30/05/2025
Emsteel, one of the largest publicly traded steel and building materials manufacturers in the region, has announced a major milestone in its decarbonisation journey with the signing of a strategic pa
Trade Arabia