VOL. XXXVII

NO. 39

27-JUNE-1994

Financial and Banking News

Regional Financing

Banks Meet To Consider Sadaf Financing

Six banks met in Riyadh on 13 June to put together an underwriting group tofinance part of the Saudi Petrochemical Company (Sadaf) expansion. The six wereApicorp, Gulf International Bank, National Commercial Bank, Riyad Bank, SaudiAmerican Bank and Saudi British Bank. Sadaf's financial advisor, GulfInvestment Corporation, invited banks at the beginning of June to expressinterest in...