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RNS Number : 8558V J.P. Morgan Securities PLC. 10 July 2024
10(th) July 2024
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
Saudi Arabian Oil Company (Saudi Aramco)
Pre-stabilisation Period Announcement
J.P. Morgan Securities plc, (contact: Alexander Karolev 0207 134 2468) hereby
gives notice, as Stabilisation Coordinator, that the Stabilising Manager(s)
named below may stabilise the offer of the following securities in accordance
with Commission Delegated Regulation EU/xxx/2016 under the Market Abuse
Regulation (EU/596/2016).
The securities:
Issuer: Saudi Arabian Oil Company (Saudi Aramco)
Guarantor (if any): N/A
Aggregate nominal amount: 10yr - USD Benchmark
30yr - USD Benchmark
40yr - USD Benchmark
Description: USD 10yr FXD Senior Unsecured 144a/RegS Notes
USD 30yr FXD Senior Unsecured 144a/RegS Notes
USD 40yr FXD Senior Unsecured 144a/RegS Notes
Listing: London Stock Exchange
Offer price: TBD
Stabilisation:
Stabilisation Manager(s): J.P. Morgan Securities plc (Stabilisation coordinator)
Citi (Stabilisation Manager(s))
Goldman Sachs International (Stabilisation Manager(s))
HSBC (Stabilisation Manager(s))
Morgan Stanley (Stabilisation Manager(s))
SNB Capital (Stabilisation Manager(s))
Abu Dhabi Commercial Bank (Stabilisation Manager(s))
anb capital (Stabilisation Manager(s))
BofA Securities (Stabilisation Manager(s))
Bank of China (Stabilisation Manager(s))
BSF Capital (Stabilisation Manager(s))
Emirates NBD Capital Limited (Stabilisation Manager(s))
First Abu Dhabi Bank (Stabilisation Manager(s))
GIB Capital (Stabilisation Manager(s))
Mizuho (Stabilisation Manager(s))
MUFG (Stabilisation Manager(s))
Natixis (Stabilisation Manager(s))
Riyad Capital (Stabilisation Manager(s))
SMBC Nikko (Stabilisation Manager(s))
Standard Chartered Bank (Stabilisation Manager(s))
Stabilisation period expected to start on: 10(th) July 2024
Stabilisation period expected to end no later than: 10(th) August 2024
Existence, maximum size and conditions of use of over‑allotment facility: The Stabilisation Manager(s) may over-allot the securities in an amount not
exceeding 5% of the aggregate nominal amount stated above.
Stabilisation trading venue: Over the counter, TBC
In connection with the offer of the above securities, the Stabilising
Manager(s), or persons acting on behalf of the Stabilising Manager(s) may
over-allot the securities, provided that the aggregate principal amount of the
securities allotted does not exceed 105 percent of the aggregate principal
amount of the securities, or effect transactions with a view to supporting the
market price of the securities at a level higher than that which might
otherwise prevail. However, stabilisation may not necessarily occur and any
stabilisation action, if begun, may cease at any time, but it must end no
later than the earlier of 30 days after the issue date of the securities and
60 days after the date of allotment of the securities.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.
This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within Article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.
In addition, if and to the extent that this announcement is communicated in,
or the offer of the securities to which it relates is made in, any EEA Member
State that has implemented Directive 2003/71/EC (together with any applicable
implementing measures in any Member State, the "Prospectus Directive") before
the publication of a prospectus in relation to the securities which has been
approved by the competent authority in that Member State in accordance with
the Prospectus Directive (or which has been approved by a competent authority
in another Member State and notified to the competent authority in that Member
State in accordance with the Prospectus Directive), this announcement and the
offer are only addressed to and directed at persons in that Member State who
are qualified investors within the meaning of the Prospectus Directive (or who
are other persons to whom the offer may lawfully be addressed) and must not be
acted on or relied on by other persons in that in that Member State
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