Archive · 26 Jan 2026
Saudi Aramco Sets Initial Bond Price Guidance
Saudi Aramco, a big oil company, is selling bonds to raise money.
They have set the initial prices for four different types of bonds: one that lasts 3 years, one that lasts 5 years, one that lasts 10 years, and one that lasts 30 years.
The prices are a bit higher than the U.S. Treasury bonds.
Many big banks are helping with this sale.
The bonds are expected to start selling on January 26, 2026.
Saudi Aramco has set initial price guidance for four-tranche dollar-denominated bonds.
The price guidance ranges from 100 basis points to 165 basis points over U.S. Treasuries.
Active bookrunners include Citi, Goldman Sachs, HSBC, J.P. Morgan, and Morgan Stanley.
Passive bookrunners include Abu Dhabi Commercial Bank, Bank of China, and others.
The bonds are expected to launch on January 26, 2026.
- Who
- Saudi Aramco
- What
- Set initial price guidance for four-tranche dollar-denominated bonds
- When
- January 26, 2026
- Where
- Global financial markets
- Why
- To raise capital through debt issuance
- Company
- Saudi Aramco
- Bond Tranches
- 3-year, 5-year, 10-year, 30-year
- Price Guidance
- 100 bps, 115 bps, 125 bps, 165 bps over U.S. Treasuries
- Active Bookrunners
- Citi, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley
- Passive Bookrunners
- Abu Dhabi Commercial Bank, Bank of China, BofA Securities, BSF Capital, Emirates NBD Capital, FAB, Mizuho, MUFG, NATIXIS, Riyad Capital, SMBC, Standard Chartered Bank
- Expected Launch Date
- January 26, 2026