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Saudi Aramco to issue bonds as it seeks cash amid oil slump

by Aya Batrawy
| November 17, 2020 12:06 AM

DUBAI, United Arab Emirates (AP) — Saudi Arabia's oil giant Aramco announced Monday it will issue international bonds as it seeks a cash infusion to help pay for billions of dollars in dividends the company promised shareholders before the global coronavirus pandemic sent oil prices plummeting.

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