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Saudi Aramco Raises $3 Billion via Sukuk Amid Investor Strength

Saudi Aramco issued $3 billion in Islamic bonds (sukuk), split into equal parts: $1.5 billion for 5-year duration at ~4.125% and $1.5 billion for 10 years at ~4.625%. Even with heightened regional tensions (following recent airstrikes), demand was strong—booked orders surpassed $16.85 billion, peaking above $20 billion. Proceeds will be used for general corporate needs.  

Source: reuters

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