沙特阿美重返国际债市 为沙特发债潮“添把火”
智通财经网·2025-09-10 07:03

Group 1 - Saudi Aramco is issuing bonds in the international market for the second time this year, with a focus on 5-year and 10-year dollar-denominated Islamic bonds, priced approximately 105 and 115 basis points above U.S. Treasuries respectively [1] - The company has raised nearly $20 billion through dollar and euro-denominated bonds this year, approaching the record set in 2017, making it one of the most active bond issuers in emerging markets [1] - As of June 30, the company's net debt increased from $24.7 billion to $30.8 billion, while profits have declined for the tenth consecutive quarter due to falling oil prices [1] Group 2 - The company's debt ratio rose from 5.3% three months ago to 6.5% in the second quarter, although this remains lower compared to major Western oil companies like Shell, which has a debt ratio of 19% [3] - Saudi Aramco plans to remain active in the bond market and is considering new types of bond products, including commercial paper, and issuing bonds in various currencies or locations [3] - The Saudi government is increasing its borrowing efforts to offset budget deficits caused by low oil prices and significant expenditures related to Crown Prince Mohammed bin Salman's economic diversification projects [3]