VOL. XLV

No 49

9-December-2002

SAUDI ARABIA

SADAF Appoints Lead Arrangers For $650Mn Loan

Saudi Petrochemical Company (SADAF) last week appointed seven banks to arrange and underwrite a $650m seven-year corporate loan facility, sources told MEES. The mandated lead arrangers are al-Bank al-Saudi al-Fransi, Gulf International Bank (joint bookrunner), HSBC Bank (joint bookrunner), National Commercial Bank (facility agent), Saudi American Bank, Saudi British Bank (signing ceremony) and Saudi Hollandi...