Aramco impresses investors with $8bn multi-tranche bond
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Emerging MarketsEM Middle East

Aramco impresses investors with $8bn multi-tranche bond

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The world's largest oil company, Saudi Aramco, on Tuesday raised an $8bn multi-tranche bond, featuring a rare 50 year piece, in only its second entry into debt capital markets. Proceeds from the deal will help it to generate enough cash to fund a dividend of $75bn as oil prices remain under pressure.

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