Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) has raised $6 billion by issuing USD-denominated international trust certificates.
Aramco completed on 17 June the Sukuk issuance of 30,000 notes at a par value of $200,000 each, according to a bourse disclosure on Thursday.
The three-year Sukuk will have a return of 0.946%, while the three- and 10-year notes will be yielding 1.602% and 2.694%, respectively.
Aramco has exceeded the previous estimates of $4 billion from selling the Sukuk.
The listed company started the offering period on 7 June, with the notes being part of the Ministry of Finance’s Trust Certificate Issuance Programme.
