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Emerging MarketsEM Middle East

Sabic mandates for dual conventional and Formosa trade

Chemicals oil and gas refinery from Adobe 21Aug20 575x320

Saudi Basic Industries Corporation (Sabic) is seeking to raise a dual tranche offering this week. The deal is the latest in a flurry of trades from Gulf issuers seeking to take advantage of attractive market conditions amid low oil prices and increasing Covid-19 related costs.

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