Aramco impresses investors with $8bn multi-tranche bond
![Adobe_SaudiAramco_575x375_22April2020](https://assets.euromoneydigital.com/dims4/default/4a2bfad/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F7f%2F64%2Fca81cb435880875f8a3085c93e72%2Fadobe-saudiaramco-575x375-22april2020.jpg)
The world's largest oil company, Saudi Aramco, on Tuesday raised an $8bn multi-tranche bond, featuring a rare 50 year piece, in only its second entry into debt capital markets. Proceeds from the deal will help it to generate enough cash to fund a dividend of $75bn as oil prices remain under pressure.
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