Kuwait's Equate And Group Of Banks Sign $1.2Bn Loan Facility
Equate Petrochemical Company and a syndicate of local, regional and international financial institutions signed on 15 September a $1.2bn term finance facility and a KD45mn ($150mn) working capital facility to be used in financing the construction of a large-scale $2bn petrochemical complex in the Shuaiba industrial area of Kuwait. The complex will have a production capacity of 650,000...
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