DUBAI (Reuters) – Saudi Aramco has attracted orders in excess of $85 billion (£65 billion) for its planned debut international bond, a source familiar with the matter said.
Aramco was expected to raise around $10 billion from the deal, which is split into six tranches with maturities ranging from three to 30 years. The bonds will be priced later on Tuesday.
Before the six-part deal was marketed on Monday, Saudi Energy Minister Khalid al-Falih said initial indications of interest for the paper were over $30 billion.
(Reporting by Davide Barbuscia; Editing by Kirsten Donovan)