Friday, March 26, 2010

Saudi Aramco, Total to raise US$8 bln in debt financing for refinery and petrochemical project

Saudi Aramco and Total SA expect to raise US$8 bln in debt financing for a joint refinery and petrochemical project for Satorp in the “coming months”. The US$8 bln debt package includes the sale of Isslamic bonds, or sukuk.

For more details on Saudi Aramco, Total to raise US$8 bln in debt financing for refinery and petrochemical project click here

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