Corporate Finance
In addition to providing project finance and trade finance, APICORP provides corporate finance facilities to companies active in the hydrocarbon sector in the Arab world.
These facilities are granted mainly to the leading public sector companies active in the oil, gas and petrochemical industries of the region. Consideration will be given also to granting corporate finance facilities to major foreign companies active in the region, to meet regional funding requirements.
Such facilities are normally available to fund new projects. On a highly selective basis they can also be provided to fund investment in new projects, i.e. the subscription of equity, and for general corporate purposes.
The Corporation is also prepared to fund the acquisition of companies in the hydrocarbon sector.
Corporate finance facilities are structured against corporate cash flows and are similar in character to those provided by commercial banks active in the region. Due regard is given to the standing of shareholders, which may, depending upon the circumstances, be required to provide guarantees or alternative security.
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