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Saudi Energy Minister: Aramco bonds will be below $ 10 billion
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Saudi Aramco will issue bonds likely to be below $ 10 billion, Saudi Arabia's energy minister said on Sunday.
Speaking at a conference in Abu Dhabi, Minister Khalid al-Faleh did not mention the planned debt issue, but said last week at an event in Riyadh that the bonds - which would be Aramco's first in global debt markets - are likely to be in US dollars.
The minister said last week that the Saudi oil giant would issue bonds in the second quarter of this year.
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