The energy giant Saudi Aramco announced in a statement that it had finalized the issuance of $6 billion in international bonds. This marks its return to the debt market after a three-year hiatus.

Saudi Aramco announced that the offers launched on July 9 as part of its global medium term note (MTN) program will be traded on the London Stock Exchange. According to Aramco, the minimum subscription for the bonds will be $200,000. These financial instruments include three senior bonds worth $2 billion each, offering returns of 5.25%, 5.75%, and 5.87% for maturities of 10, 30, and 40 years respectively

The last time Aramco used the debt market was in 2021, when it raised $6 billion via a three-stage sukuk, also known as an Islamic bond.