Saudi Aramco bond issue likely to be in dollars - minister


Devdiscourse News Desk | Updated: 09-01-2019 23:01 IST | Created: 09-01-2019 23:01 IST
  • Country:
  • Saudi Arabia

The bonds Saudi Aramco expects to issue are likely to be in U.S. dollars and the issuance is not linked to the potential acquisition of a stake in petrochemicals firm Saudi Basic Industries Corp (SABIC), the energy minister said. Khalid al-Falih was speaking at a news conference in Riyadh.

(With inputs from agencies.)

Give Feedback