VOL. XLIII

No. 22

29-May-2000

SAUDI ARABIA

Apicorp Seeks $200Mn Loan

The Dammam-based Arab Petroleum Investment Corporation (Apicorp) announced on 20 May that it had mandated a consortium of international banks to arrange a $200mn, five-year syndicated facility. The consortium comprises Arab Banking Corporation, Bank of Tokyo Mitsubishi, Banque Nationale de Paris (international bookrunner), Deutsche Bank (facility agent) and National Bank of Kuwait (regional bookrunner). According to a statement...