BRIEF-Terumo Corp looks to purchase portion of Abbott Laboratories' medical device business - Nikkei
* Terumo Corp is looking to purchase a portion of Abbott Laboratories' medical device business - Nikkei
(Clarifies loan lengths)
KHOBAR Feb 12 Three affiliates of Saudi International Petrochemical Company (Sipchem) have refinanced loan facilities worth 1.04 billion riyals ($276 million) which were used to fund their key projects, Sipchem said on Tuesday.
International Acetyl Company, International Vinyl Acetate Company and International Gas Company have converted dollar-denominated loans raised in 2008 to build respective manufacturing plants into new long-term facilities denominated in riyals, the statement to the Saudi bourse said.
Riyad Bank was the lead arranger of the deal, which carried a "competitive variable interest rate" as well as a six-month grace period.
The first instalment is due to be repaid in the second half of 2013, with the loan for IGC running until 2022 and the IAC/IVAC facility to be paid off by 2024, the statement added. ($1 = 3.7502 Saudi riyals) (Reporting by Reem Shamseddine; Editing by David French)
By Bruno Federowski SAO PAULO, Sept 29 The Colombian peso jumped on Thursday on optimism that OPEC's plan to cut oil output for the first time in eight years could support crude prices. The Organization of the Petroleum Exporting Countries agreed on Wednesday to cut output to 32.5 million-33.0 million barrels per day (bpd) from around 33.5 million bpd, estimated by Reuters to be the output level in August. Colombia is highly dependent on oil as an export and source of ta
* Could not file 10-K for year ended June 30, 2016 due to delay experienced in completing financial statements,other disclosures Source text - http://bit.ly/2dnMQf7 Further company coverage: