Saudi Arabian Oil Company (Saudi Aramco) has announced the successful completion of a $5 billion bond issuance across three tranches under its Global Medium Term Note Program.
According to Aramco, the tranches consist of $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.
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The transaction was priced on May 27, 2025, and the notes were subsequently listed on the London Stock Exchange.
Aramco’s Executive Vice President of Finance and CFO Ziad Al-Murshed stated: “The strong demand for our 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.”
