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Will Aramco's $10B Bond Open Pandora's Box?

by rigzone.com posted 1month ago 13 views
Entering the international financial markets will have a direct effect on how the Kingdom's overall revenue-generating capacity is assessed. : This piece presents the opinions of the author. It does not necessarily reflect the views of Rigzone. Saudi Aramco, the largest oil company in the world, will soon be entering its first-ever bond issue. The oil giant, also on its way to becoming the world’s largest downstream giant after its recent acquisition of Saudi Basic Industries Corp. (SABIC), will issue a $10-billion bond to support the financing of the SABIC deal.

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