Saudi Aramco Total Refining and Petrochemicals Company
$1 billion Islamic bond for Saudi Aramco-Total joint venture refinery oversubscribed 3.5 times
Wed, 2011-10-12 08:29 — newsdeskSaudi Aramco Total Refining and Petrochemicals Company stated that it has gathered $1 billion for its 400,000 barrel per day refinery project by selling an Islamic bond.
It added that sukuk is 3.5 times oversubscribed and matures in about 14 years.
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