VOL. XLVII
No 21
24-May-2004
OMAN
ENERGY FINANCE
Oman Polypropylene Concludes $240Mn Financing Deal
Oman Polypropylene LLC (OPP) on 19 May announced that it has concluded a $240mn deal with four banks to part finance the construction of a new polypropylene plant in the Sohar Industrial Area. The four banks taking part in the financing are: Arab Banking Corporation (ABC joint bookrunner and offshore account bank); Arab Petroleum Investment Corporation (APICORP documentation bank and technical and...
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