VOL.XXXIXNo. 6018-November-1996SAUDI ARABIA
IbnRushd Raises $850Mn Loan For Yanbu' Petrochemical Complex The Arabian Industrial Fibers Company (IbnRushd) has reportedly obtained an $850mn syndicated loan from a groupof international banks to help finance the construction of phases two andthree of its Yanbu' petrochemical complex. According tobanking sources, the following banks are participating in the loan:Arab National Bank, Riyadh Bank, Gulf International Bank, J.P.Morgan, Barclays Bank...
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