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Aramco establishes global medium-term note programme and potential notes issuance

Industry

Saudi Arabian Oil Company, Saudi Aramco, has announced that it has established a global medium-term note programme (the programme) and will conduct a series of fixed-income investor meetings from 1 April 2019

An offering of US dollar-denominated senior unsecured notes (the notes) under the programme may follow, subject to market conditions.

The notes, if issued, will be admitted to the official list of the UK Listing Authority and admitted to trading on the London Stock Exchange’s Regulated Market.

The company stated that this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any security and nor shall there be any offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.

It further added that the notes have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the US or to US persons absent registration or an applicable exemption from registration requirements.