Aramco priced $1.5 billion in five-year sukuk, at a profit rate of 4.125% and $1.5 billion in 10-year sukuk at a profit rate of 4.625%
Saudi Arabian Oil Co. (Saudi Aramco) raised $3 billion from a sale of sukuk, Reuters reported, citing a term sheet on Thursday. 
Aramco priced $1.5 billion in five-year sukuk, at a profit rate of 4.125% and $1.5 billion in 10-year sukuk at a profit rate of 4.625%, it added.
The agency also added that final order books for both tranches topped $16.85 billion, while demand has peaked at over $20 billion.
According to Argaam’s data, Aramco announced yesterday the start of issuing USD-denominated international trust certificates (sukuk) under its SA Global Sukuk Limited’s Trust Certificate Issuance Program, with the offering amount subject to market conditions.
Aramco priced $1.5 billion in five-year sukuk, at a profit rate of 4.125% and $1.5 billion in 10-year sukuk at a profit rate of 4.625%
Saudi Arabian Oil Co. (Saudi Aramco) raised $3 billion from a sale of sukuk, Reuters reported, citing a term sheet on Thursday.
Aramco priced $1.5 billion in five-year sukuk, at a profit rate of 4.125% and $1.5 billion in 10-year sukuk at a profit rate of 4.625%, it added.
The agency also added that final order books for both tranches topped $16.85 billion, while demand has peaked at over $20 billion.
According to Argaam’s data, Aramco announced yesterday the start of issuing USD-denominated international trust certificates (sukuk) under its SA Global Sukuk Limited’s Trust Certificate Issuance Program, with the offering amount subject to market conditions.
