The world’s biggest energy company has picked around 15 banks to manage a sale of Islamic debt, or sukuk, that could happen this month, according to people with knowledge of the matter. The state-controlled firm may seek to raise around US$5bil (RM21bil), one of the people said.
RIYADH: Saudi Aramco is preparing to return to global capital markets with a bond that would help fund a US$75bil (RM308bil) dividend commitment, according to people with knowledge of the plan.
The world’s biggest energy company has picked around 15 banks to manage a sale of Islamic debt, or sukuk, that could happen this month, according to people with knowledge of the matter. The state-controlled firm may seek to raise around US$5bil (RM21bil), one of the people said.
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