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APICORP mandates Banks for US$400 million term loan
Al Published in Saudi Press Agency on 19 - 05 - 2007

Khobar, Saudi Arabia, May 19, SPA -- Arab Petroleum Investments Corporation (APICORP) has mandated Arab and international Banks to arrange a fully-underwritten US$400 million five year Term Loan.
APICORP is an inter-Arab joint stock company established in November 1975 in accordance with an international agreement between the governments of the ten Member States of the Organization of Arab Petroleum Exporting Countries (OAPEC).
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