Saudi Arabia

  • 23 Aug 2002
Banks are bidding on the proposed $650m refinancing for Sadaf, the joint venture between Shell and Saudi Arabian Basic Industries Corporation (Sabic).

The new deal refinances two project financings used to develop and then expand styrene production facilities and a cogeneration unit.

For the latest deal, banks ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

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1 Citi 98,446.48 276 13.35%
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