Saudi Aramco says it raises $12 billion from bond issue


CAIRO (Reuters) – Saudi Aramco said on Wednesday that it raised $12 billion from its debut international bond issue, which was split into five tranches. The bonds have maturities ranging from three to 30 years.

The offering is expected to close on April 16, subject to customary closing conditions.

Reporting by Nayera Abdallah; Editing by Susan Fenton

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