Saudi Aramco IPO's retail tranche attracts $12.6b

Saudi Aramco IPO's retail tranche attracts $12.6b

The Saudi Aramco logo is pictured at the company's oil facility in Saudi Arabia, REUTERS/Maxim Shemetov

Saudi Aramco sold 1,481,613,280 shares worth 47.4 billion Saudi riyals ($12.64 billion) to retail investors, while institutional orders amounted to 118.86 billion riyals in the first 12 days of the book-building period, lead manager Samba Capital said.

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