Saudi Aramco has announced the completion of the issuance of international sukuk denominated in U.S. dollars. These sukuk will be direct, senior, and unsecured, with limited recourse to assets, constituting an obligation on (SA Global Sukuk Limited).
Aramco stated in a press release published on the Saudi Tadawul Group that the value of the offering is 3 billion US dollars, with a total of 15,000 sukuk (Islamic bonds). It also mentioned that the yield is 4.25% for the sukuk maturing in 5 years, and 4.75% for those maturing in 10 years.
The nominal value of the instrument is $200,000, and full multiples of $1,000 in excess of that amount.
Related Topics :
Aramco Team Series 2024: Golf Saudi’s Female Ambassadors Debut at Shenzhen
Discover Aramco’s First Gas Storage Facility in Saudi Arabia
PMI: Saudi Non-Oil Sector Growth Rebounds in August
Saudi Arabia’s 2024 Inflation Revised Down to 1.7% amid Strong Non-Oil Growth
