VOL. XLV
No 49
9-December-2002
SAUDI ARABIA
Syndication For SABIC DSM Acquisition Loan Expected To Close End December
Syndication for Saudi Basic Industries Corporations (SABICs) 2.4bn credit facility for its acquisition of Netherlands-based DSM Petrochemicals is expected to close at the end of December, MEES understands. Although the facility agreements were signed with 11 lead arranger banks on 22 June, the group decided not to launch the syndication until after the European summer slow period...
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