Monday 28 May 2018
Sabic Capital

Sabic Capital seeks $2 billion loan

Sabic Capital, affiliated to petrochemicals giant Saudi Arabia Basic Industries Corporation (Sabic), has mandated five banks to arrange a $2 billion, five-year loan, banking sources said on Wednesday. The five co-ordinators are Bank of Tok


Moody's assigns stable rating to Sabic bond issue

Moody's Investors Service has assigned a (P) A1 senior unsecured rating to the proposed issue of senior unsecured bonds by Sabic Capital. The outlook for the rating is stable. Sabic Capital is an indirect wholly-owned subsidiary of Sau


Sabic Capital plans benchmark bond in Q2

Sabic Capital, affiliated to petrochemicals giant Saudi Basic Industries Corp (Sabic), plans a benchmark dollar bond issue before the end of June, a senior executive told Reuters on Monday. Ratings agency Moody's assigned the bond an A


Moody's affirms Sabic A1 rating

Moody's has affirmed the A1 senior unsecured ratings of Saudi Basic Industries Corporation (Sabic) and its guaranteed subsidiary Sabic Capital with a positive outlook. Moody's affirmation of Sabic's A1 ratings reflects the sign

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