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Saudi Arabia is in talks to add top Wall Street banks, including JPMorgan, for a secondary share sale of Aramco. The offering could raise up to $20 billion, with Moelis serving as a financial adviser. This move aligns with the country's efforts to finance Vision 2030 projects.
Saudi Arabia’s banks could raise a record amount of debt this year to fund Vision 2030 projects https://t.co/XHpmgu9zuQ via @cmarie_burke https://t.co/tJjEZQMI1K
Saudi banks need to issue bonds to raise money for Vision 2030-related projects: “The one issue which I think is the most troubling for the whole Vision 2030 project is the lack of capital,” says James Reeve, the former chief economist at Jadwa who has since been hired by Saudi…
Saudi Arabia’s banks could raise a record amount of debt this year to fund Crown Prince MBS' Vision 2030 projects https://t.co/ZTURBjHH5Z
