Saudi Oger picks arrangers for $2 bln loan - statement

Saudi Oger revealed that it has assigned banks to arrange its first loan to be run by non-Saudi institutions, with syndication expected to begin shortly.
The initial mandated lead arrangers and bookrunners for the deal will be Deutsche Bank, China Development Bank and Emirates NBD.
Abu Dhabi's Al Hilal Bank and Barclays Capital have been assigned responsability as lead arrangers for the APG only.