Sabic Readies Kayan for IPO

Alperowicz, Natasha
July 2006
Chemical Week;7/26/2006, Vol. 168 Issue 25, p15
Trade Publication
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.


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