Marina Schwarz + 1,576 January 10, 2019 Did you miss the Aramco IPO? Well, here's the latest: Saudi Aramco to issue bonds in second-quarter 2019, list in 2021: energy minister 1 Quote Share this post Link to post Share on other sites
JunoTen + 118 ZF January 10, 2019 It seems unlikely that they would allow a reliable assessment of their reserves... Expect the IPO to be delayed again. Also this is very bad timing, by 2021 EVs should have around 20% market share in China, at least. 1 Quote Share this post Link to post Share on other sites
John Foote + 1,135 JF January 10, 2019 If MbS wants to raise a bunch of extra cash through Aramco, bonds really do make sense. I wouldn't hesitate to buy bonds tied to Aramco, even as I'd only short the stock. Assuming the bonds are tied to the US dollar and not the SAR. Historically Aramco has operated on a cash basis. The fact they need a credit line for operating tells you something. Yes, buying SABIC takes real money, but as the Kingdom already owns SABIC, this is just pumping up themselves. 1 Quote Share this post Link to post Share on other sites
Tom Kirkman + 8,860 January 11, 2019 I'm shocked. Shocked I tell you. Quote Share this post Link to post Share on other sites
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