<div id="readability-page-1"><div><p>(MT Newswires) -- (Updates to add statement from Aramco)</p><p> A consortium led by a BlackRock-owned entity lined up $10 billion in funding to back its planned investment in the midstream infrastructure assets at the Jafurah gas project of Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, Bloomberg News wrote Wednesday, citing people familiar with the matter.</p><p> Most of the financing arranged by BlackRock's Global Infrastructure Partners is a seven-year loan facility that may be refinanced in the bond market. A 19-year loan facility was also secured. The banks that participated include  Citigroup, JPMorgan Chase &amp; Co and Mitsubishi UFJ Financial Group.</p><p> The Saudi oil giant declined, while BlackRock did not immediately respond to requests for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></div></div>

<p>A consortium led by a BlackRock-owned entity has secured $10 billion in funding for the Jafurah gas project investment by Saudi Aramco. The financing includes a seven-year loan facility, potentially refinanced in the bond market, and a 19-year loan facility. Participating banks include Citigroup, JPMorgan Chase, and Mitsubishi UFJ Financial Group. Saudi Aramco declined to comment, and BlackRock did not respond immediately to inquiries.</p>

BlackRock-led Group Arranges $10 Billion Funding for Saudi Aramco Project Investment