Wednesday, July 11, 2007

Saudi Basic to borrow up to $9 bln, mostly in U.S.

(Reuters) - "We will start in the next month," Mutlaq al-Morished,
SABIC's chief financial officer, told Reuters on Wednesday.




"We will raise it through a mix of bonds, bank loans, and
institutional loans, mostly in the United States, because that
is the deepest market," he said.


Read more at Reuters.com Bonds News

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