Saudi Arabia

16 May 2002

Syndication of the $250m facility for Arab Petroleum Investment Corp (Apicorp) is due to be closed early next week.

The deal has been sold in a one-step syndication and has been modestly oversubscribed.

HSBC, Sumitomo, Crédit Agricole Indosuez, Gulf International Bank and Riyad Bank are arranging ...

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