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SABIC Capital Secures $1.25B Loan

沙特基础工业公司资本,沙特阿拉伯基本的附属Industries Corporation has secured a $1.25 billion syndicated loan from 15 banks.

    SABIC Capital, an affiliated ofSaudi Arabia Basic Industries Corporation(SABIC), has secured a $1.25 billion syndicated loan from 15 banks,Arab Newsreports. The total amount of the five-year revolving credit facility was $2 billion, with the remainder funds made up of bilateral loans.

    Bank of Tokyo-Mitsubishi UFJ,Citi, SMBC,INGandMizuhoserved as the coordinators and bookrunners of the deal. The mandated loan arrangers includeBarclays,BNP Paribas,Deutsche Bank,Goldman Sachs,HSBC,JP Morgan Chase BankandRBS.

    Click here for the story fromArab News.




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