{"id":301756,"date":"2019-11-20T10:52:09","date_gmt":"2019-11-20T05:22:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301756"},"modified":"2019-11-20T11:16:06","modified_gmt":"2019-11-20T05:46:06","slug":"saudi-aramco-ipo-25-banks-hired-as-bookrunners-face-pared-pay-of-90-mn","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-ipo-25-banks-hired-as-bookrunners-face-pared-pay-of-90-mn\/","title":{"rendered":"Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn"},"content":{"rendered":"<p>The army of banks working on Saudi Aramco&#8217;s listing will earn combined fees of $90 million or less, according to three sources involved in the process, after the oil giant scaled back a deal initially viewed as a golden opportunity for high finance. <\/p>\n<p>The fee pool for the flotation of the world&#8217;s most profitable company contrasts with other blockbuster listings in recent years. China&#8217;s Alibaba, for example, paid out an estimated $300 million for its 2014 listing in New York. <\/p>\n<p>The 25 banks hired by Aramco as bookrunners for its domestic initial public offering (IPO) have seen their projected payouts dwindle despite spending years working on the much-delayed marquee listing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The army of banks working on Saudi Aramco&#8217;s listing will earn combined fees of $90 million or less, according to three sources involved in the process, after the oil giant scaled back a deal initially viewed as a golden opportunity for high finance. The fee pool for the flotation of the world&#8217;s most profitable company contrasts with other blockbuster listings in recent years. China&#8217;s Alibaba, for example, paid out an estimated $300 million for its 2014 listing in New York. The 25 banks hired by Aramco as bookrunners for its domestic initial public offering (IPO) have seen their projected payouts [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-301756","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=301756"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301756\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}