VOL. XL
No. 31
4-August-1997
SAUDI ARABIA
Yanpet II Financing Announced
Lead-arranger mandates for the mammoth financing of Saudi Yanbu Petrochemical Company.Yanpet II - expansion have been awarded to a group of 11 regional and international bankstogether with a pricing that emphasizes the market's continuing appetite for Saudi risk.The deal - to arrange $2.322bn over 10.5 years - was signed in London on 22 July and wasawarded to the following institutions:
JP Morgan (Global Book-runner)
Chase...
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