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Saudi Aramco Said to Appoint JPMorgan, HSBC for Debut Bond Sale

Saudi Aramco, the world’s largest oil exporter, is working with JPMorgan Chase & Co., HSBC Holdings Plc and Riyad Bank on the company’s first sale of Islamic bonds, people with knowledge of the matter said. The three banks will help the Saudi oil company set up a riyal-denominated sukuk program,…

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