Landmark Bond Issuance: Saudi Aramco successfully prices its inaugural bond

Saudi Aramco Summary

London Stock Exchange welcomed the inaugural $12bn debut bond from Saudi Arabian Oil Company (ARAMCO). 

Saudi Aramco's decision to list this landmark transaction on London Stock Exchange reflects the confidence in the exchange to cater to international investor demand for marquee transactions and the UK’s position as a global financial centre, with a robust but fair regulatory regime. The bond, solely listed on London Stock Exchange under its Global Medium-Term Notes programme (GMTN) of unlimited size.

London Stock Exchange Group has developed a leading position as the global home for international bond issuances, across the geographies and sectors, including large, landmark issuances.

Jumbo bond issuances (>$1bn) on global exchanges

JUMBO BOND ISSUANCES (>bn) ON GLOBAL EXCHANGES

Source: Dealogic, only contains sovereign and corporate issuances

The deal caps off a successful week for Middle Eastern issuers on London’s markets. Network International successfully raised more than $1.6bn for their IPO, the largest ever Middle East & Africa technology IPO listed on any exchange globally, highlighting London Stock Exchange’s multi-asset capabilities and facilitating capital raises from Middle Eastern issuers. London Stock Exchange remains unrivalled in its ability to cater to client requirements across asset-classes in the primary and secondary markets.

London Stock Exchange’s dedicated Primary Markets team stands ready to assist you on future deals, providing an efficient listing experience, investor confidence and the profile to be associated with an exchange partner like London Stock Exchange.

Thanks,

Darko Hajdukovic
Head of Fixed Income, Funds & Analytics, UK Primary Markets

More recent

Going direct: a Wise decision

Not every listing on the public markets has the aim of raising fresh capital. For fast-growing international technology company Wise, its Direct Listing on the Main Market of London Stock Exchange provides a way to broaden its ownership while remaining focused on its mission. Co-founder and CEO Kristo Käärmann explains their novel thinking and approach.

Learn more
Growth in tech, sustainable finance and diverse boards define London’s first half.

The depth and level of support provided by London’s markets to the rapidly evolving capital needs of issuers and investors in the global economy was vividly underlined in a strong and active first half of 2021.

Learn more
Trustpilot: Denmark’s tech unicorn puts its trust in London

Founded in Denmark in 2007, Trustpilot has developed into a global review platform with a mission to create a universal symbol of trust. Joining the premium segment of London’s Main Market, with its high standards of regulation and corporate governance, was an obvious choice for the first Danish tech unicorn to list in London.

Learn more
Global exposure, best execution: why London is at the centre of global securities trading

The world trades in London

In the time zone that is central to the global business day, London’s role in global finance has always been pivotal. And at London’s heart is London Stock Exchange, which for centuries has provided choice and liquidity for investors and traders around the world.

London provides the bridge between markets from Asia to America, overlapping market hours acr

Learn more