StanChart, BNP Among Banks Said to Be Added to #Saudi Aramco Bond - Bloomberg

StanChart, BNP Among Banks Said to Be Added to Saudi Aramco Bond - Bloomberg:

Standard Chartered Plc and BNP Paribas SA are among about a dozen banks likely to be added as co-managers for Saudi Aramco’s landmark international bond sale, people with knowledge of the matter said.

Two Japanese lenders -- Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. -- as well as Samba Financial Group and Gulf International Bank BSC are among those being appointed, according to the people, who asked not to be identified because the information is private. The banks have yet to be formally notified, they said.

Aramco declined to comment.

Saudi Aramco picked JPMorgan Chase & Co. and Morgan Stanley to manage the sale, its first-ever international dollar-bond offering, to fund the acquisition of petrochemical giant Saudi Basic Industries Corp., people with knowledge of the matter said on Thursday.