Demand for Aramco's bond 'north of' $30 billion, says Saudi energy minister

RIYADH (Reuters) – Demand for Saudi Aramco’s inaugural international bond is expected to exceed $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday.

Speaking at an event in Riyadh, he said the Aramco bond deal will close on Wednesday.

Al-Falih also said he hopes Aramco’s acquisition of petrochemicals firm Saudi Basic Industries will be completed within six months.

(Reporting by Rania El Gamal and Stephen Kalin; Writing by Saeed Azhar; editing by Davide Barbuscia)

source: yahoo.com