On July 16, a consortium led by BlackRock engaged banks to organize meetings with investors for a potential bond sale to refinance a loan used for its stake in Saudi Aramco's gas pipeline network. The BlackRock-led investors aim to raise $3 billion from the bond sale. Additionally, on July 17, Greensaif Pipelines Bidco started selling dual-tranche amortizing bonds, with initial price guidance around 205 basis points over UST for 12-year bonds and 225 basis points over UST for 18-year bonds. Greensaif Pipelines expects to raise at least $1.25 billion from each tranche.