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HSBC ADVISES AROMATICS OMAN ON PETROCHEMICAL COMPLEX.
(From Al Bawaba)
HSBC Bank Middle East Limited has acted as financial adviser to Aromatics Oman LLC in the financing of for its new US$1.1 billion petrochemical complex, and has participated inwill join the commercial bank funding of the project as a Mandated Lead Arranger.
Aromatics Oman LLC has meanwhile confirmed that is has committed financing offers of over US$800 million for the project from shareholders and commercial banks and The Export-Import Bank of Korea (KEXIM). This sets a new record for major project development in Oman, with committed financing achieved less than six months after the project was approved for development, and it sets a new low …
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