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Thursday, April 25, 2019 12:53 GMT
U.K. asset manager Standard Life Aberdeen bought US$100 million worth of Saudi Arabia state oil giant Aramco's debut international bond, the investment firm's chairman said on Sunday. "I think it was a transformative transaction for the Saudi market," Martin Gilbert said at a financial sector conference in Riyadh. "We lost a little on it but shows how well priced it was," he added. Aramco received more than US$100 billion in orders by April 9 for its debut bond - even after its prospectus said...More