TITLE

Sabic Readies Kayan for IPO

AUTHOR(S)
Alperowicz, Natasha
PUB. DATE
July 2006
SOURCE
Chemical Week;7/26/2006, Vol. 168 Issue 25, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Sabic said it has appointed Samba Financial Group to act as financial adviser and manager for a previously announced initial public offering of shares in Saudi Kayan Petrochemical Co. Kayan was created recently to build a world-scale petrochemical complex at Al Jubail. Separately, Sabic has signed an agreement with BNP Paribas, Arab Banking Corp., and Samba to act as financial advisers and lead arrangers for a $4.8-billion loan to support Kayan's investment program.
ACCESSION #
21879118

 

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