The sources quoted investors as saying that there is a strong demand for Aramco bonds, which the company intends to issue with a value of about $ 10 billion.
The sources expected Aramco to announce the first batch of the issue tomorrow, Monday, as it will be priced on Tuesday.
According to Bloomberg, the company plans to issue bonds in New York, London, Singapore, Tokyo and other cities.
Aramco works with several banks to manage the issuance process including GB Morgan, Morgan Stanley, Citigroup, Goldman Sachs, HSBC and NCB Capital.
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Aramco: Billionaire offers for small and medium-sized companies in Saudi Arabia
