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Oman refiners plan to raise $1.37b to refinance debt ahead of merger

Story date: 2007-08-22 09:15:00
Added on: 2007-08-22 16:51:03


Khaleej Times - NEW YORK — Oman Refinery Co. and Sohar Refinery Co., the Sultanate's two petroleum refiners, plan to borrow $1.37 billion to refinance old debt as the state-run companies prepare to merge. HSBC Holdings Plc, Oman Refinery's financial adviser, is ...


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