Aramco Kicks Off Debut Sale of Dollar-Denominated Islamic Bonds

Saudi Aramco-2 Energy News Beat

Saudi Aramco, the world’s biggest energy company, started marketing its first dollar-denominated Islamic bond sale.

The state-controlled company is offering sukuk due in three, five and 10 years, according to a person familiar with the matter, who asked not to be identified as the details are private.

Aramco hired advisers including Citigroup Inc. and Goldman Sachs Group Inc., a separate person familiar said earlier this week.

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