Alba Plans To Issue $200Mn In Bonds As Part Of Expansion Financing
Aluminium Bahrain (Alba) is planning to issue $200mn in bonds in order to finance part of its $1.7bn phase II smelter expansion, a company official told MEES. The bonds, which are expected to be issued in the first week in June, will mark the first time bonds have been used for project finance in the Gulf since 1996 when Ras Laffan Natural Gas Company (RasGas) tapped the bond market to...
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