The Aramco IPO saga continues, with the Saudi oil giant soon to enter the international financial markets for a $50 billion loan. International sources are reporting that the world’s largest oil company will look for around $50 billion from international banks, largely to be used to finance a majority stake in Saudi Basic Industries Corporation (SABIC). International banks have been approached by Aramco in the last couple of weeks, as the state-owned oil giant is looking to acquire a majority stake, currently held by the Saudi sovereign wealth…
