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Update: Market Chatter: BlackRock Secures $10 Billion Financing for Saudi Aramco Gas Project
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Update: Market Chatter: BlackRock Secures $10 Billion Financing for Saudi Aramco Gas Project
Sep 10, 2025 8:29 AM

11:02 AM EDT, 09/10/2025 (MT Newswires) -- (Updates with BlackRock's ( BLK ) response in the fourth paragraph)

A group led by BlackRock's ( BLK ) Global Infrastructure Partners subsidiary secured a $10 billion financing package to support its investment in Saudi Aramco's natural gas infrastructure at the Jafurah project, Bloomberg reported Wednesday, citing people familiar with the matter.

A majority of the package is a seven-year loan facility, which may be refinanced later in the bond market, the report said.

The financing, arranged by banks including major Japanese and Wall Street lenders, also includes a 19-year loan facility, the report said.

BlackRock ( BLK ) declined to comment, while Saudi Aramco did not immediately respond to an MT Newswires request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 1113.11, Change: +7.43, Percent Change: +0.67

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