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Deals Rumor Mill: Saudi Aramco, Bluewater, Casper

By Benjamin Horney ( March 28, 2019, 3:26 PM EDT) -- Saudi Arabian Oil Co., or Saudi Aramco, could begin meeting with bond investors next week as it looks to find help financing its planned $69.1 billion deal for a majority stake in petrochemical company Saudi Basic Industries Corp., or SABIC, according to a Thursday report from Reuters. Saudi Aramco was previously rumored to be issuing as much as $40 billion in bonds to help pay for the deal, although reports in November said those plans had been axed. According to Thursday's report, if Saudi Aramco does go through an issuance of bonds, it would be the first time the company has done so in the international markets....

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