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Aramco Secures $31 Billion in Orders for Bond Offering

Aramco Secures $31 Billion in Orders for Bond Offering

 Saudi Aramco has attracted orders worth a total $31 billion for a fresh bond the company said it would place on international markets. The size of the bond was $6 billion. In its first debt offering in three years, the Saudi energy giant offered 10- and 30-year notes, with offers for both topping $11 billion, Bloomberg reported, citing an unnamed source familiar with the deal. The company also offered investors a 40-year note in the tranche. Initially, plans were to offer some 140 basis points over U.S. Treasuries for the 10-year bond, 180…

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