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Saudi Aramco reportedly is seeking to raise $12.5B in debt to help finance its joint venture...

  • Wednesday, May 30, 2012, 9:49 AM ET
    Saudi Aramco reportedly is seeking to raise $12.5B in debt to help finance its joint venture with Dow Chemical (DOW). The state-owned oil giant has sent an information memorandum to local and international banks detailing the $20B project due to be completed in 2016 which will produce 3M-plus metric tons/year of petrochemicals.
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