Wednesday 3 April 2019

Aramco tapped Allianz's El-Erian as informal adviser before bond roadshow | Reuters

Aramco tapped Allianz's El-Erian as informal adviser before bond roadshow | Reuters:

Saudi Aramco, the world’s biggest oil producer, tapped Mohamed El-Erian, chief economic adviser at Allianz, as an informal adviser prior to the company’s roadshow for its first-ever debt offering, according to two sources.

Aramco is launching its worldwide roadshow this week for a pending bond offering that is expected to be at least $10 billion in size. The company is meeting with investors in Europe, Asia and the United States all week.

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