Click here


View news from   +  advanced search
You are here: Home Sub-200bp pricing for Jubail
Project Finance Copying and distributing are prohibited without permission of the publisher

Sub-200bp pricing for Jubail

25 November 2009

Total and Aramco's $8.3 billion Jubail refinery merchant financing (Sartorp) has defied initial market expectations by pricing the international bank tranche below 200bp. Banks that are still in the process have been sent responses to their RFPs. The deal leans heavily on the liquid Saudi bank market with the riyal component increased to over $2 billion from a planned $1.4 billion and the uncovered international bank...

Most read in past 24 hours

  1. Project finance recovery rates under pressure

  2. LSP Batesville defaults as Tenaska sale falls through

  3. WestLB's Heathcote joins Lloyds to run debt group

  4. ESB's Carrington CCGT nears market

  5. Outages and competition hit Moyle Interconnector bonds

  6. Argentina closes with IADB on for Norte Grande roads

  7. EPV and Pohjolan Voima close with NIB on biomass gasification

  8. Fresh challenge to Milan Metro line 4

  9. Financial close on R4 Ghent due next week

  10. Belfi closes on Temuco airport

Popular Searches on PF

Upcoming Events

Change font size: Switch to default font size Switch to medium font size Switch to large font size
back to top

Home

Sectors

Data & People

My Account

Information

Event Diary


Deals Of The Year


Jobs


Directory


Supplements


Site Links


All material subject to strictly enforced copyright laws. © 2012 Euromoney Institutional Investor PLC.