Saudi arabia: Saudi Aramco announced today that it has successfully completed a $4 billion issuance of bonds across four tranches under its Global Medium Term Note Program.
According to Saudi Press Agency, the tranches include $500 million senior notes maturing in 2029 with a coupon rate of 4.0%; $1.5 billion senior notes maturing in 2031 with a coupon rate of 4.375%; $1.25 billion senior notes maturing in 2036 with a coupon rate of 5.0%; and $750 million senior notes maturing in 2056 with a coupon rate of 6.0%.
The transaction was priced on January 26, 2026, and the notes were listed on the London Stock Exchange.
Aramco Executive Vice President and Chief Financial Officer Ziad Al-Murshed stated that this issuance is part of Aramco's strategy to further optimize its capital structure and enhance shareholder value creation. He noted that the pricing achieved on the transaction reflects global investors' confidence in Aramco's financial strength and balance sheet. Al-Murshed emphasized the company's commitment to maintaining disciplined capital management and delivering long-term value to shareholders.