Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully completed a $5 billion bond issuance under its Global Medium Term Note Program. The offering, which attracted strong interest from a diverse group of high-quality institutional investors, reflects the company’s exceptional credit strength. The issuance consists of three tranches: $1.5 billion in senior notes maturing in 2030 with a coupon rate of 4.750%; $1.25 billion in senior notes maturing in 2035 with a coupon rate of 5.375%; and $2.25 billion in senior notes maturing in 2055 with a coupon rate of 6.375%. The transaction was priced on May 27, 2025, and the notes have been listed on the London Stock Exchange.
Ziad T. Al-Murshed, Aramco’s Executive Vice President of Finance & CFO, said: “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.”