| Element List |
Explanation |
| Introduction |
Reference to the announcement from the Saudi Arabian Oil Company (Saudi Aramco) published on the website of the Saudi Exchange on 03/01/1446H (corresponding to 09 July 2024G) relating to the latest developments on the issuance of international bonds by Saudi Aramco pursuant to its Global Medium Term Note Programme, Saudi Aramco announces the completion of issuing international bonds. |
| Offer Type |
The bonds are U.S.$ denominated, direct, general, unconditional and unsecured obligations of Saudi Aramco. |
| Value of the offer |
U.S.$6,000,000,000 (Six Billion United States Dollars). |
| Total number of (Bonds/Sukuk) |
30,000 (Thirty Thousand). |
| Par Value (Bonds/Sukuk) |
U.S.$200,000 (Two Hundred Thousand United States Dollars) and integral multiples of U.S.$1,000 (One Thousand United States Dollars) in excess thereof. |
| Return (Bonds/Sukuk) |
5.250% for bonds maturing in 10 years, 5.750% for bonds maturing in 30 years and 5.875% for bonds maturing in 40 years. |
| Maturity (Bonds/Sukuk) |
10, 30 and 40 years. |
| Terms of Redemption |
Redemption on maturity; redemption following an Event of Default; redemption for tax reasons (at the option of Saudi Aramco); Issuer Maturity Par Call (at the option of Saudi Aramco); Make Whole Call (at the option of Saudi Aramco); and Change of Control Put (at the option of Noteholders). |
| Additional Information |
The bonds will be issued in accordance with the Rule 144A/Reg S offering requirements under the U.S. Securities Act of 1933G, as amended. The stabilisation rules of the Financial Conduct Authority (FCA) and the International Capital Market Association (ICMA) will also apply to the issuance. Application will be made for the bonds to be admitted to the official list of the FCA and to the London Stock Exchange plc and for such bonds to be admitted to trading on the London Stock Exchange’s main market. |
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