Middle East Economic Survey
VOL. XLVIII
No 45
7-November-2005
OMAN
Sohar Aluminium Appoints Three Underwriters
Sohar Aluminium Company has appointed three underwriters for its proposed $2.2bn smelter, MEES learns. They comprise Citibank (also the financial advisor), ABN Amro, and Sumitomo Mitsubishi Banking Corporation. When the request for proposal (RFP) was sent out to banks (MEES, 10 October) Sohar asked for a minimum underwriting commitment of 50% of the $1.5bn debt in order to expedite the...
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