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Saudi Energy Minister Khalid al-Falih will speak at the Gulf Information Forum hosted by Gulf Intelligence in Riyadh, Saudi Arabia on April 8, 2019. REUTERS / Stringer.
DUBAI (Reuters) – Saudi Aramco has secured orders worth more than $ 85 billion for its first planned international loan, a source close to the case said.
Aramco was to raise approximately $ 10 billion from the transaction, which is divided into six tranches with maturities ranging from three to 30 years. Bond prices will be fixed later on Tuesday.
Before the six-party deal was released Monday, Saudi Energy Minister Khalid al-Falih said the first indications of interest for the newspaper were more than 30 billions of dollars.
Report by Davide Barbuscia; Edited by Kirsten Donovan
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