Saudi Aramco Total Refining and Petrochemical (Satrop)
Satrop to issue Islamic Bond for new refinery in Saudi Arabia
Wed, 2011-08-31 18:20 — newsdeskSaudi Aramco Total Refining and Petrochemical (Satrop) has chosen three banks to arrange for its Islamic bond, that will help to finance the construction of a large refinery complex at Jubail on the Persian Gulf coast, Saudi Arabia. The three banks are: Deutsche Securities Saudi Arabia, Samba Capital and Saudi Fransi Capital.
The company's proposal is to construct a refinery worth $10bn.
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