Tag: Saudi Aramco
Aramco Is Said to Explore Incentives to Reward Loyal IPO Buyers
(Bloomberg) --Saudi Aramco is exploring ways to reward loyal investors in its initial public offering to ensure the record share sale isn’t followed by...
Investors Lap Up Saudi Arabia’s First Bond Since Drone Attacks
(Bloomberg) --Saudi Arabia raised $2.5 billion of Islamic bonds in its first international debt sale since a missile and drone attack on its oil...
Saudi Aramco Pushing to Complete IPO in 2019
(Bloomberg) --Saudi Aramco is pushing to complete its initial public offering this year by relying more on local investors, after international money managers’ skepticism...
Selling Aramco: The Wall Street A-Listers on the Oil Giant’s IPO
(Bloomberg) --Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull...
Gulf Markets Rise as Traders Await Aramco IPO Details
(Bloomberg) --Equity markets in the Middle East advanced, tracking earlier emerging market gains. Saudi Arabia’s benchmark led the way, as traders wait for Saudi...
World’s Biggest IPO Tests Saudis’ Faith in Their Crown Prince
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company...
OPEC Output Suffers Biggest Drop in 16 Years on Saudi Attacks
(Bloomberg) -- OPEC’s oil production tumbled the most in 16 years last month after an attack on Saudi Arabia’s energy facilities temporarily halved output...
Saudi Rating Affirmed by S&P After Oil Attack That Jolted Market
(Bloomberg) -- Saudi Arabia’s credit ranking was affirmed by S&P Global Ratings as the kingdom recovers faster than expected from the biggest attack ever...
SMBC Nikko Securities chosen to be Aramco’s bookrunner for IPO: Sources
SMBC Nikko Securities will be the bookrunner for Saudi Aramco’s much-hyped initial public offering (IPO), according to sources quoted by press sources. SMBC Nikko...
Aramco Chairman Says Attacks Won’t Derail IPO Preparations
(Bloomberg) -- Saudi Aramco’s chairman said the drone strike on the kingdom’s main crude-processing plant won’t slow preparations for an initial public offering of...