Saudi Aramco Raises $4 Billion in Multi-Tranche Bond Deal with Strong Investor Demand
February 4, 2026
Saudi Aramco has successfully raised $4 billion through a major bond issuance. The sale included four tranches with different maturities and rates: $500 million due in 2029 at 4.0%, $1.5 billion in 2031 at 4.375%, $1.25 billion in 2036 at 5.0%, and $750 million in 2056 at 6.0%. These US dollar bonds, listed on the London Stock Exchange, attracted global interest, blending US, European, and wider investor participation via Rule 144A and Reg S offerings. Three of the four tranches were priced with negative new issue premiums, showing strong demand and confidence in Aramco's credit quality. Ziad T Al-Murshed, Aramco’s CFO, said the deal "reflects global investors’ continued confidence in Aramco’s financial strength and resilient balance sheet." The funds will back Aramco's investments in oil, gas, refining, chemicals, and energy diversification projects. Despite oil market volatility, Aramco’s robust position as the world's largest crude exporter helps it secure favorable financing, signaling both company strength and the Saudi economy's growing link to global capital markets. This bond deal also sets an example for other Middle Eastern firms seeking strategic funding in evolving energy markets. Strong bond market reception amid geopolitical and economic uncertainties highlights the vital role of such issuances in driving long-term industry and economic growth.
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Tags:
Saudi Aramco
Bond Issuance
Capital markets
Energy Sector
Investor Confidence
Debt Financing
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