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(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 …