Saudi's SABIC in talks with banks for dollar bond - sources | Reuters:
"Saudi Basic Industries Corp (SABIC) is in talks with banks for a potential U.S. dollar-denominated bond, banking sources familiar with the matter said. SABIC, the world’s fourth-largest petrochemicals company, bought in a 25 percent stake in the Swiss specialty chemicals group Clariant in January, becoming the firm’s largest shareholder. CEO Yousef al-Benyan said at the time that SABIC could self-finance the Clariant stake acquisition, but did not exclude the possibility of inviting banks to part-finance the deal."
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