Clifford Chance (CC) and Baker & McKenzie have advised on the second phase of financing for a $10.8bn (£6.8bn) aluminium development in Saudi Arabia. CC advised a consortium led by 15 banks, including the Arab National Bank and The Saudi Investment Bank, providing $2.15bn (£1.3bn) of financing for a $3.58bn (£2.2bn) bauxite mine and alumina refinery to be developed at Al Ba’itha in Saudi Arabia.
November 02, 2011 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Two global law firms act on second phase of Al Ba’itha financing
Clifford Chance (CC) and Baker & McKenzie have advised on the second phase of financing for a $10.8bn (£6.8bn) aluminium development in Saudi Arabia.
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