Deals

Aramco Receives Blockbuster $100 Billion Demand for Debut Bond

Aramco may price debt in line or below Saudi sovereign bonds
The sale is set to be the largest-ever in emerging markets

This Is Where Saudi Arabia Gets Its Oil — Photographer: Simon Dawson/Bloomberg

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By Javier Blas, Archana Narayanan, and Lyubov Pronina

April 9, 2019 at 10:04 AM UTC

Updated on

April 9, 2019 at 2:22 PM UTC

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After being shunned by Wall Street and international investors last year, Saudi Arabia made a historic comeback on Tuesday as oil giant Aramco received more than $100 billion in orders for its maiden global bond.