Aramco seeks advisers for SABIC debt financing - sources
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DUBAI (Reuters) - Saudi Aramco is seeking advisers to arrange debt financing needed for the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC) , banking sources familiar with the matter said on Thursday.The Saudi oil giant could borrow as much as $50 billion from international investors to fund the acquisition, sources previously told Reuters.A request for proposals was sent on Wednesday and banks are expected to make submissions by Monday, one of the sources said. Aramco..