Saudi Aramco sells US$6bil of bonds amid fierce demand


Bids peaked above US$11bil for both the oil giant’s 10 and 30-year notes. — Bloomberg

DUBAI: Saudi Aramco pulled in more than US$31bil of orders for its US$6bil bond sale, its first dollar-debt offering in three years.

Bids peaked above US$11bil for both the oil giant’s 10 and 30-year notes, according to a person with knowledge of the matter. Aramco also sold 40-year bonds in the deal that priced Wednesday.

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