{"id":422219,"date":"2021-06-24T11:42:56","date_gmt":"2021-06-24T06:12:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=422219"},"modified":"2021-06-24T11:42:56","modified_gmt":"2021-06-24T06:12:56","slug":"saudi-aramco-extends-10-billion-loan-on-improved-terms-sources-say","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-extends-10-billion-loan-on-improved-terms-sources-say\/","title":{"rendered":"Saudi Aramco extends $10 billion loan on improved terms, sources say"},"content":{"rendered":"<p>Saudi Arabian oil NSE 1.41 % giant Aramco has secured a one-year extension to a $10 billion loan it raised last year, negotiating improved terms in the process, three sources told Reuters.<\/p>\n<p>Aramco has borrowed tens of billions of dollars in the past few years to keep up with Saudi Arabia&#8217;s financing needs in an era of lower oil prices.<\/p>\n<p>This is in addition to a public sale of a minority stake in the company and the recent leasing of some of its pipeline assets for $12.4 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabian oil NSE 1.41 % giant Aramco has secured a one-year extension to a $10 billion loan it raised last year, negotiating improved terms in the process, three sources told Reuters. Aramco has borrowed tens of billions of dollars in the past few years to keep up with Saudi Arabia&#8217;s financing needs in an era of lower oil prices. This is in addition to a public sale of a minority stake in the company and the recent leasing of some of its pipeline assets for $12.4 billion.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-422219","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422219","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=422219"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422219\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=422219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=422219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=422219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}