A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
Saudi Aramco (2222.SE) launched its first US.dollar-denominated sukuk bond on Wednesday which will be issued in three tranches, according to a term sheet seen by Reuters.
The deal will consist of three, five and ten year tranches, the term sheet showed.
Potential investors have been given pricing guidance for the three year of U.S. Treasuries plus 105 basis points, for the five year of U.S. Treasuries plus 125 basis points and for the ten year of U.S….
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