The article reports on the appointment of 10 mandated lead arrangers (MLAs) on the $972 million commercial debt package for the Eastern Petrochemical Company (Sharq) project at Jubail in Saudi Arabia. The Sharq project entails the expansion of the company's polyethylene complex. Sharq is a 50:50 joint venture of Saudi Basic Industries Corporation and a group of Japanese companies led by Mitsubishi Corporation.
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