Saudi oil giant Aramco has successfully completed a $3 billion international Sukuk issuance across two tranches, according to Gulf News.
On September 10, the offering was priced, and the securities are listed on the London Stock Exchange.
The tranches feature:
- $1.5 billion maturing in 2030 with a profit rate of 4.125% per year.
- $1.5 billion maturing in 2035 with a profit rate of 4.625% per year.
Notably, the deal was priced at a negative new issue premium for both tranches, mirroring strong investor demand and confidence in Aramco’s credit strength.
“We believe this successful issuance reflects the confidence of global investors in Aramco’s exceptional financial resilience and robust balance sheet, as we continue to optimize our capital structure,” Ziad T. Al-Murshed, Aramco Executive Vice President of Finance & CFO, said.
The issuance highlights Aramco’s sustained access to global debt markets while broadening the range of corporate Sukuk offerings available to international investors seeking Sharia-compliant investments.
“Our ability to price the offering with a negative new issue premium across both tranches demonstrates Aramco’s unique credit proposition and standing within international capital markets,” Al-Murshed added,
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