Bahrain Business: nogaholding signs $300m push facility with SACE – Gulf Digital News

  • Date: 16-Nov-2022
  • Source: Gulf Digital News
  • Sector:Technology
  • Country:Bahrain
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Bahrain Business: nogaholding signs $300m push facility with SACE – Gulf Digital News

The Oil and Gas Holding Company (nogaholding), has signed a $300 million ‘Push Facility’ with the Italian export credit agency SACE for financial support on key energy projects in Bahrain, further strengthening the kingdom’s relationship with Italy. The financing, arranged by HSBC and guaranteed by SACE, is structured as a sustainability-linked loan, under which nogaholding commits to pre-agreed sustainability objectives .

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