{"id":461791,"date":"2022-01-14T10:48:28","date_gmt":"2022-01-14T05:18:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=461791"},"modified":"2022-01-14T13:01:33","modified_gmt":"2022-01-14T07:31:33","slug":"aramco-oil-pipelines-investors-expected-to-raise-3-5-4-4-billion-via-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aramco-oil-pipelines-investors-expected-to-raise-3-5-4-4-billion-via-bonds\/","title":{"rendered":"Aramco oil pipelines investors expected to raise $3.5-4.4 billion via bonds"},"content":{"rendered":"<p>DUBAI: A group of institutional investors that last year took a stake in Saudi Aramco&#8217;s oil pipelines network is expected to raise between $3.5 billion and $4.4 billion via a sale of dual-tranche amortising bonds on Thursday, a bank document showed.<\/p>\n<p>Initial price guidance was around 185 basis points (bps) over U.S. Treasuries (UST) for a tranche due in between 14-1\/2 and 15 years and around 235 bps over UST for paper maturing in 24-1\/2 to 25 years, the document from one of the banks on the deal showed.<\/p>\n<p>The tranches will have a weighted average life of 10.2 to 10.7 years and between 23-1\/2 and 24 years, respectively.<\/p>\n<p>Citi and JPMorgan are coordinating the deal, which 18 other banks are also involved and is expected to launch later on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI: A group of institutional investors that last year took a stake in Saudi Aramco&#8217;s oil pipelines network is expected to raise between $3.5 billion and $4.4 billion via a sale of dual-tranche amortising bonds on Thursday, a bank document showed. Initial price guidance was around 185 basis points (bps) over U.S. Treasuries (UST) for a tranche due in between 14-1\/2 and 15 years and around 235 bps over UST for paper maturing in 24-1\/2 to 25 years, the document from one of the banks on the deal showed. The tranches will have a weighted average life of 10.2 to [&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":[130,191,136],"tags":[],"class_list":["post-461791","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\/461791","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=461791"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461791\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=461791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=461791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=461791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}