SEC obtains $1bn loan from SNB
- Date: 07-May-2024
- Source: Mubasher
- Sector:Financial Services
- Country:Saudi Arabia
SEC obtains $1bn loan from SNB
Riyadh – Mubasher: Saudi Electricity Company (SEC) has signed a $1 billion bilateral Murabaha loan agreement with the Saudi National Bank (SNB). The funding deal, which was penned on 7 May 2024, holds a five-year duration period with an option of … SEC obtains $1bn loan from SNB