Author:
Reuters
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ID:
1605527090848131100
Mon, 2020-11-16 09:14
DUBAI: Saudi Aramco this year extended the maturity of two revolving credit facilities it took in 2015, meaning those loans worth a total of $8 billion will be available through March 2022, a bond prospectus showed.
Aramco said on Monday it plans to issue multi-tranche US dollar-denominated bonds, as the world’s largest oil company seeks to raise cash amid weak global oil demand and lower oil prices.
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