---
title: Foreign investors have flocked to saudiaramco’s $12 billion share sale, people familiar with the matter said
description: "This marks a turnaround from the oil giant’s 2019 listing that ended up as a largely local affair.\nThe deal attracted significant interest from foreign investors, according to the people, who declined be identified as the information is private. It wasn’t immediately clear exactly how much demand came from overseas, but those investors put in enough bids to more than fully cover the offering, the people said.\nSource: Bloomberg"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Foreign investors have flocked to saudiaramco’s $12 billion share sale, people familiar with the matter said](https://blog.syzgroup.com/syz-the-moment/foreign-investors-have-flocked-to-hashtagsaudiaramcos-12-billion-share-sale-people-familiar-with-the-matter-said)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jun 6, 2024, 2:48:44 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/foreign-investors-have-flocked-to-hashtagsaudiaramcos-12-billion-share-sale-people-familiar-with-the-matter-said)

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