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Monday 16 November 2020

Saudi Aramco plans debt market comeback with multi-tranche bond deal

Saudi Aramco said on Monday it had hired banks for a multi-tranche US dollar-denominated bond issuance, as the world's largest oil company seeks cash amid lower oil prices. Gulf issuers show no sign of slowing this year's blitz of issues on international debt markets as they work to plug finances hit by weaker oil prices and the coronavirus crisis.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/35D4S7r

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