Even With a Price Cut, Aramco Isn’t Cheap

Capt. John

Saudi Arabians now have the chance to go super-long. The latest inducement to buy into the IPO of their national oil company is apparently being able to borrow money on a two-for-one basis to buy the shares, as reported by Bloomberg News. Having ditched earlier plans for a big global offering (see...

https://www.hellenicshippingnews.com/even-with-a-price-cut-aramco-isnt-cheap/

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