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Issue 21/2017 - Saudi Aramco finances $8 billion for a Malaysian petrochemical refining project

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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chemical engineering projects

saudi aramco subsidiaries

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Saudi Aramco raises $8 billion for Malaysian petrochemical refining and chemical
projects, and Petronas and Aramco are seeking to finance $8 billion
for a refining and petrochemical complex through a bridge loan, foreign media reported on October 25.

The project (RAPID) is a $27 billion project
.
It is reported that more than 10 banks have been invited to submit pricing for a loan with a maturity of 1.
5 years
.
The loan will be split
equally between the two companies.

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