On April 1,Saudi Aramco issued an international bond prospectus,publishing profit figures for the first time since the company was nationalized almost four decades ago.In order to help finance around half of its planned purchase of 70 of state PC firm Saudi Basic Industries Corp.(Sabic)for $69.IB,Saudi Aramco may borrow as much as $10B,and has already reached out to various financial institutions.News of the planned loan-the first international bond issue by the company-seems to have sparked renewed interest in the long-delayed IPO of as much as 5 of its shares.The company wants to fully assimilate the purchase of the Sabic stake before moving on to the IPO.
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