Saudi Aramco to issue $10 bln bonds in international markets: Al-Falih

13/01/2019 Argaam

 

State oil giant Saudi Aramco is likely to issue bonds in the international market, probably in the range of up to $10 billion, the Kingdom’s Energy Minister Khalid Al-Falih said on Sunday.

 

Speaking at the Atlantic Council Energy Forum in Abu Dhabi, Al-Falih did not specify the currency of the planned issuance.

 

The bonds - which is considered Aramco's debut in the international debt markets – will be issued in the second quarter of 2019, he had said last week.

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