Saudi Aramco Seeking Syndicate Loan
Saudi Aramco is seeking to raise $2bn in syndicate finance and JP Morgan and DeutscheBank are to lead arrange the two-stage facility, MEES soundings indicate. Thefour-year term loan will be priced at 30bps over Libor for the first and second year andthen 32.5bps for the third and fourth year with a three-year grace period. The loan is tobe used for capital expenditure and will complement Aramco's existing $2bn...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!