Middle East Economic Survey
Saudi Aramco Attracts 28 Banks To $4Bn Credit Facility
Saudi Aramco has attracted 28 banks (see table) including international, local and regional lenders to the renewal of its revolving credit facility, MEES learns. The facility, which is worth a total of $4bn, is breaking new ground because Saudi banks will be able to provide commitments in Saudi riyals for the first time (MEES, 20 September). Saudi Aramcos previous two...