Saudi Aramco has appointed banks to sell tranches of senior unsecured bonds with maturities of 10, 30 and 40 years, a banking document seen by Reuters showed on Tuesday.
According to the document, banks will arrange investor calls starting Tuesday for the potential sale of benchmark-sized bonds.
Citi, Goldman Sachs International, HSBC, JPMorgan, Morgan Stanley and SNP Capital have been appointed as joint active bookrunners.
Saudi Aramco's chief financial officer, Ziad Al-Murshed, said in February that the company would likely issue bonds this year.
Aramco last entered the global debt markets in 2021 when it raised $6 billion from a three-tranche sukuk sale.
