News
22 January 2018

SEC signs $2.6bn bridge facility

In:
Power, Renewables
Region:
Middle East & Africa

The Saudi Electricity Company (SEC) has said in a company statement to the Tadawul stock exchange that it has signed a SR9.75 billion ($2.6 billion) syndicated bridge facility to fund future plans including capital expenditure. Banks providing the facility are Citibank, Bank of Tokyo-Mitsubishi,...

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