VOL. XXXV
NO. 15
13-JANUARY-1992
Financial and Banking News
Regional Financing
Banks Receive Information Memorandum for Ibn Zahr's $500mn Loan
The information memorandum for the $500mn loan being raised by the SABICsubsidiary Ibn Zahr (Saudi European Petrochemical Company) was sent out in theweek beginning 12 January. The four banks underwriting the issue (NationalCommercial, Riyad, Saudi American and al-Fransi) plan to restrict participationto Saudi banks as long as there is sufficient demand. If...
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