Aramco raises $10bn loan in one of few sparks in EM loan market

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Aramco raises $10bn loan in one of few sparks in EM loan market

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Saudi Aramco has closed a $10bn loan, according to bankers near the deal. The loan — the largest signed in the Middle East so far this year — comes amid a drop in oil prices, which has sent borrowers in the Gulf hunting for financing.

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