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International Business Times UK
International Business Times UK
National
David Unyime Nkanta

Aramco's Strategic Shift: Islamic Bond Filing Hints at Fresh Capital Moves

Saudi oil giant Aramco may be poised to tap the debt markets again, after filing a fresh prospectus for its sukuk (Islamic bond) programme with the London Stock Exchange.

The 30 May dated document allows the company to issue sukuk over a 12-month period, just days after it raised $5 billion (£3.7 billion) through a three-part conventional bond sale.

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