NO. 23


Financial and Banking News

Regional Financing

Saudi Aramco Loan Raised to $2bn

The international loan for Saudi Aramco has been raised to $2bn from $1.5bnand is expected to be signed in Frankfurt on 11 March. International and Saudibanks are participating in the deal, as has been expected. The $900mn facilityfor Aramco's tanker subsidiary, Vela, is also expected to be signed on 11 March.This has been restricted to international banks, because Saudi banks havealready...