Saudi Aramco completes $5 billion bond issuance
DHAHRAN — Saudi Aramco has announced the completion of a $5 billion issuance of bonds across three tranches under its Global Medium Term Note Program.
According to Aramco, the tranches include $1.5 billion in senior notes maturing in 2030 with a coupon rate of 4.750 percent, $1.25 billion in senior notes maturing in 2035 with a coupon rate of 5.375 percent, and $2.25 billion in senior notes maturing in 2055 with a coupon rate of 6.375 percent. The transaction was priced on May 27, 2025, and the notes were listed on the London Stock Exchange.
Aramco's Executive Vice President of Finance and CFO Ziad Al-Murshed said that the strong demand for Aramco's new bond offering, as reflected in the diversified orderbook, is a testament to global investors' confidence in Aramco's financial resilience and robust balance sheet. "Pricing the offering with no new issuance premium across all tranches clearly reflects Aramco's unique long-term credit proposition. We remain committed to our disciplined approach towards capital management as we continue to execute our growth strategy," he said.
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