Aramco Is Said to Pay Banks Only $64 Million for Record IPO

Via Sarah Algethami, Matthew Martin and Archana Narayanan in bloomberg.com : The figures represent the base fee being paid by Aramco, which will decide the amount of discretionary incentive fees at a later date, the people said. If Aramco opts to dole out additional money, most of it would likely go to the domestic banks that brought in the bulk of the IPO orders.





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