Exclusive-China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say

Exclusive-China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say

By Hadeel Al Sayegh DUBAI (Reuters) -China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have passed on the opportunity to invest in the venture, three people familiar with the matter said. Chinese banks provided more than a third of the financing for what will potentially be the biggest…

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BlackRock-led group in talks to raise around $10.3 billion for Aramco deal, sources say

BlackRock-led group in talks to raise around $10.3 billion for Aramco deal, sources say

By Hadeel Al Sayegh, Federico Maccioni and Yousef Saba DUBAI (Reuters) – A group of investors led by BlackRock’s Global Infrastructure Partners are in talks with lenders to secure up to $10.3 billion in financing for Aramco’s Jafurah infrastructure deal, two sources with direct knowledge of the matter told Reuters. Banks, including JPMorgan and Japanese…

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