Saudi Aramco secures $3 billion through Sukuk offering, listed on London's financial market
Saudi Aramco, the world's largest oil company, has successfully raised $3 billion through a two-tranche international Sukuk issuance on September 18, 2025. The offering was priced on September 10 and the securities are now listed on the London Stock Exchange.
The deal, which did not provide details about the demand from global institutional investors, was priced with a negative new issue premium across both tranches. This indicates high investor appetite and confidence in Aramco's credit profile.
Ziad T. Al-Murshed, Aramco's Executive Vice President of Finance and Chief Financial Officer, stated that the Sukuk issuance reflects global investor confidence in Aramco's financial resilience and robust balance sheet.
The first tranche of $1.5 billion matures in 2030 with a profit rate of 4.125% per year. The other tranche of $1.5 billion matures in 2035 with a profit rate of 4.625% per year.
The specific institutions participating in the Sukuk issuance are not named in the available search results. However, the issuance attracted strong demand with over $20 billion in orders, and there is mention of a BlackRock-led consortium arranging a separate $10-billion financing for an Aramco project.
The Sukuk issuance supports Aramco's capital structure optimization and underscores its continued access to international debt markets. The offering adds to the growing pool of corporate Sukuk offerings available to global investors seeking Sharia-compliant instruments.
The announcement was made on September 18, further emphasizing Aramco's commitment to maintaining a strong financial position and its appeal to global investors.
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