Aramco completes $3bn international sukuk issuance

Saudi Aramco has completed a $3 billion international sukuk issuance, comprised of two US dollar-denominated tranches. The tranches are split as follows: $1.5 billion maturing in 2029, carrying a profit rate of 4.25% per annum; and $1.5 billion maturing in 2034, carrying a profit rate of 4.75%...