1. Saudi Hollandi Bank To Issue Bond

    ...ll depend on investors’ demand. The subordinated callable floating rate notes are tradable and have a maturity term of seven years (they are due in 2011). The special feature of this offering is to grant the issuer a call option after a five-year period. While this structure is in line with tier-II...

    Volume: 47
    Issue: 50
    Published at Mon, 13 Dec 2004
  2. Nexen Announces First Oil From Yemen Block 51

    ...ggest-producing field in Yemen. Production is averaging around 230,000 b/d, with Nexen’s share, 119,000 b/d. The PSA covering Masila runs to 2011, with a five-year negotiable extension....

    Volume: 47
    Issue: 49
    Published at Mon, 06 Dec 2004