Loans for two major Omani state-owned oil companies – Petroleum Development Oman and Om
Independent advisory firms pride themselves on delivering pertinent counsel at the right time. It was not surprising then that two of the leading firms – PJT Partners and Houlihan Lokey – timed their own public market debuts last year to perfection, at the peak of the
Saudi Arabia is the latest Gulf sovereign to approach international banks for a multi-billion US dollar denominated syndicated loan, prompted by a slump in crude oil prices that has taken its toll on state coffers. But lenders say a proposed financing of up to US$10bn may be challenging.