Browse
related articles
Sadara launches sukuk offering
- Saudi Arabia: Monday, March 18 - 2013 at 07:47
Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, has launched a local currency sukuk to help fund the construction of a $20bn petrochemical complex in the east of the kingdom, Reuters has reported. The sukuk forms part of a $12.5bn debt package currently being raised to fund the construction of the project, which will produce more than three million tonnes of petrochemicals each year when completed in 2016. The project at Jubail Industrial City will be the world's largest chemical complex ever built in a single phase.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
