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Saudi Electricity secures USD 3 billion syndicated loan
Credit: IndiaTimes- Published on October 24, 2023
On Tuesday, Saudi Electricity Co. announced the successful acquisition of a $3 billion syndicated loan aimed at supporting its expansion initiatives and capital investments. The funding for this transaction was provided by Dubai Islamic Bank, Kuwait Finance House, Emirati-based lender Mashreqbank, and Saudi National Bank. Saudi...