Riyadh Capital

  • Aramco to Raise $10b Prior to IPO

    Aramco to Raise $10b Prior to IPO

    Monday, 6th February 2017
    Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June 2017, ahead of a planned initial public offering (IPO) in 2018, in order to raise as much as $10b in bonds in 2017.