VOL. XLVI

No 47

24-November-2003

ENERGY FINANCE

Sohar Refinery Syndication Attracts Around 25 Banks

The syndication for the $646mn commercial tranche of the Sohar refinery projects debt has seen substantial interest and, subject to final documentation and credit committee approval, has attracted around 25 banks including regional and international players, which was more than the 15 expected, MEES understands. The banks are expected to sign syndication agreements by 12 December and financial close...