Marina Schwarz + 1,576 January 10, 2018 Everybody seems to be eager to give their money to Aramco ahead of its IPO. And if it flops? Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 11, 2018 They want to buy their role in the IPO... Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB January 11, 2018 Just two months ago, the Brits approved the securing of a $2-billion loan for Aramco to attract the IPO to London. Quote Share this post Link to post Share on other sites
TraderTate + 183 TS January 11, 2018 Reuters now reporting that Hong Kong, London and NYC have all officially been 'shortlisted' for the Aramco IPO ... Quote Share this post Link to post Share on other sites
Rodent + 1,419 January 11, 2018  20 minutes ago, TraderTate said: Reuters now reporting that Hong Kong, London and NYC have all officially been 'shortlisted' for the Aramco IPO ... which means that Toronto, Tokyo, and Singapore are effectively out of the running. Quote Share this post Link to post Share on other sites
LAOIL + 33 OS January 17, 2018 I understand that the loans are a way to leverage the Aramco balance sheet ahead of the IPO because after the IPO it won't be able to benefit from cheap funds as 'sovereign borrower' because it won't be state-owned anymore. Quote Share this post Link to post Share on other sites
Rodent + 1,419 January 18, 2018 Right, so the fees would be substantially higher. Borrowing now at lower rates is smarter than borrowing later at higher fees. Quote Share this post Link to post Share on other sites