The world’s largest oil company, Saudi Aramco, is looking to refinance as much as $10 billion in loans that it raised six years ago, banking sources told Reuters on Thursday. The Saudi state-held oil giant has been reportedly very active on the debt market in recent months after last year’s crisis reduced its profits. At the same time, Aramco continues to pledge annual dividends of $75 billion to shareholders, the biggest of which is the Kingdom of Saudi Arabia, with more than 98 percent. The latest debt that Aramco aims to refinance…
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