Middle East Economic Survey
VOL. XLVIII
No 12
21-March-2005
SAUDI ARABIA
Yansab Underwriting Commitment To Reach At Least $500Mn
Saudi Basic Industries Corporation (SABIC) held a beauty parade in early March to select an advisor/underwriter for its Yansab olefins greenfield plant on the Red Sea. With an underwriting commitment of at least $500mn, it was necessary for international and local banks to team up, MEES learns. The shortlisted banks include Calyon with Saudi Fransi, ABN Amro with Saudi...
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