Aramco pipelines stapled financing mandated

In:

Oil & gas

Region:

Middle East & Africa

By Sean Keating

Saudi Aramco has mandated the bank line-up for the stapled debt financing linked to its sale of 49% of its oil pipeline operations to an EIG-led consortium of investors.The EIG-led group signed a lease-and-lease-back with Aramco in April, acquiring the equity stake in the newly formed Aramco Oil...

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