DHAHRAN - Saudi Arabian Oil Company (“Saudi Aramco”) announced today that it has priced an offering of $12 billion in its inaugural international bond issuance. The issuance is comprised of five tranches of senior unsecured notes under Saudi Aramco’s Global Medium Term Note Program.

The offering is expected to close on 16 April 2019, subject to customary closing conditions. The Notes will trade on the London Stock Exchange’s Regulated Market and be admitted to the official list of the United Kingdom Listing Authority.