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Sadara sukuk awaits final approval
22 February 2013
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[Saudi Aramco]
[Dow Chemicals]
Saudi Aramco and Dow Chemicals have sent the sukuk issue for their $20 billion Sadara petrochemicals project to Saudi Arabia’s Capital Market Authority for final approval. Once the $1.4 billion 16-year bond is ready the rest of the financing package will sign.
Final bank commitment letters on the estimated...
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