Riyadh – Mubasher: Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Aramco, has selected the joint financial advisers, global coordinators, joint bookrunners and lead manager for its long-awaited initial public offering (IPO), the company’s statement said on Sunday.

Aramco has appointed the following banks as joint financial advisors: Citigroup Saudi Arabia, Credit Suisse Saudi Arabia, Goldman Sachs Saudi Arabia, HSBC Saudi Arabia, J.P. Morgan Saudi Arabia Company, Merrill Lynch Kingdom of Saudi Arabia, Morgan Stanley Saudi Arabia, NCB Capital Company, and Samba Capital & Investment Management Company.

The joint global coordinators and joint bookrunners are Citigroup Global Markets Limited, Credit Suisse Securities (Europe) Limited, Goldman Sachs International, HSBC Saudi Arabia, J.P. Morgan Securities plc, Merrill Lynch Kingdom of Saudi Arabia, Morgan Stanley & Co. International plc, NCB Capital Company, and Samba Capital & Investment Management Company.

As for Aramco’s domestic joint bookrunners, they included: Al Rajhi Capital, EFG Hermes KSA, GIB Capital, Riyad Capital, and Saudi Fransi Capital.

The foreign joint bookrunners are Banco Santander, S.A., BNP PARIBAS, BOCI Asia Limited, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, London Branch, First Abu Dhabi Bank PJSC, Mizuho International plc, RBC Europe Limited, SMBC Nikko Capital Markets Limited, Société Générale, and UBS AG, London Branch.

Moreover, Aramco has hired Samba Capital & Investment Management Company as the IPO’s lead manager.

HSBC Saudi Arabia has been appointed by the Company as an international settlement agent.

Al Rajhi Bank, Alawwal Bank, Alinma Bank, Arab National Bank, Bank Albilad, Bank Aljazira, Banque Saudi Fransi, Gulf International Bank, National Commercial Bank, Riyad Bank, Samba Financial Group, Saudi British Bank (SABB), and Saudi Investment Bank have been appointed as receiving entities.