VOL. XLIII
No. 12
20-March-2000
SAUDI ARABIA
Petrokemya Mandates Consortium To Raise $600Mn
Saudi Basic Industries Corporation (SABIC) subsidiary Petrokemya announced on 13 March that it had mandated three banks and a leading financial institution to arrange and underwrite a $600mn term loan. The agreement was formally signed by the President of SABICs Basic Chemicals Group, Nasir al-Sayyari, on 14 March with a consortium comprising Riyad Bank, the Arab Petroleum Investments Corporation...
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