Defending its crown: Saudi issuers line up deals ahead of big ECM year

Anish Ailawadi, Global Head of Investment Banking at Acuity Knowledge Partners highlighted Saudi Aramco’s expected oil trading unit IPO, worth potentially up to USD 30bn, alongside a mooted follow-on offering of Saudi Aramco shares.

Extract from the article- “The IPO pipeline remains strong with $320bn projects like Neom expected to be listed as early as 2024.”