Riyadh – Arabian Aramco Total Services Company has approved the announcement of Saudi Aramco Total Refining and Petrochemical Company (SATORP) regarding the refinancing of approximately $2.2 billion.
Arabian Aramco Total Services further announced that in relation to the certificates (Sukuk) issued by it and listed on the Saudi Stock Exchange (Tadawul) in the value of SAR 3,75 billion, it does not intend to fully redeem the Sukuk in December 2019
It will continue with the partial redemption of Sukuk as per the redemption schedule that was approved by the Capital Market Authority (CMA).
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
