Saudi Aramco stuns with $100 billion demand for debut global bond

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Saudi Aramco stuns with $100 billion demand for debut global bond
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Saudi Aramco's bond sale could be one of the largest ever in emerging markets after drawing in $100 billion in orders.

Saudi Aramco, Saudi Arabia's state-owned oil company, has received huge demand for its debut global bond with $100 billion in orders.most profitable company in the worldThe massive demand is one of the largest ever debuts for an emerging markets issuer, with Aramco looking to bring in $10 to $15 billion from the deal.

It's part of a transparency push on behalf of Saudi Arabia as part of a will-they-won't-they over the company's plans for an initial public offering, which it shelved last year.

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