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Listed
Sukuk
Wakalah / Murabahah
Saudi Aramco USD 3bn Sukuk 2029
Saudi Aramco · Saudi Arabia
Tranche of Aramco's USD international sukuk programme, heavily oversubscribed at pricing.
Key terms
- Issuer profile
- Saudi Aramco
- ISIN
- XS2358236332
- Structure
- Wakalah / Murabahah
- Issue size
- $3B
- Ccy
- USD
- Minimum investment
- $200,000
- Payment frequency
- semi-annual
- Listing venue
- London Stock Exchange
- Governing law
- English law
Pricing
- Profit rate
- 4.85% (fixed)
- Indicative price
- 99.79
- Yield to maturity
- 4.926%
- Spread
- 72 bps
- Ratings
- Aa3 / A+
Key dates
- Issue date
- 17 Sep 2024
- Maturity date
- 17 Sep 2029
- Tenor
- 5 years
Shariah information
- Shariah advisor
- Aramco sukuk Shariah committee
- AAOIFI aligned
- ✓
- Underlying asset
- Wakalah portfolio of tangible assets and Murabahah receivables
- Use of proceeds
- General corporate purposes