Oil conglomerate Saudi Aramco has successfully raised $4 billion via a bond sale, as per an official press release.
The update comes after Saudi Aramco issued a multi-tranche series of bonds with differing yields towards the end of January, all sold at premiums relative to U.S. Treasury bonds.
Orderbooks registered high demand, and the issuance was divided into $500 million notes, $1.5 billion notes, $1.25 billion notes, and $750 million notes with maturity dates of 2029, 2031, 2036, and 2056 and yields of 4%, 4.375%, 5% and 6%.
“This issuance is part of Aramco’s focused strategy to further optimize its capital structure and enhance shareholder value creation. The attractive pricing achieved on the transaction reflects global investors’ continued confidence in Aramco’s financial strength and resilient balance sheet,” said CFO Ziad T Al Murshed.
“We remain firmly committed to maintaining disciplined capital management and delivering long-term value to our shareholders,” he also said.
At the time of writing, Saudi Aramco shares were priced at 25.66 Saudi Arabian riyals.
This is Saudi Aramco’s first bond sale of the year, after securing $3 billion in sukuk and $5 billion in 2025.
Saudi Aramco’s bonds have a strong credit rating, with an A+ rating from Fitch Ratings and an Aa3 rating from Moody’s investor’s service, both with a stable outlook.