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Saudi Electricity Company announces obtaining USD 1 billion Bilateral Murabaha Loan
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SAUDI ELECTRICITY
-0.34
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1445/10/28 07/05/2024 15:37:17
| Element List | Explanation |
|---|---|
| Introduction | Saudi Electricity Company signed USD 1 billion Bilateral Murabaha Loan |
| Date of obtaining the funding | 2024-05-07 Corresponding to 1445-10-28 |
| Financing entity | Saudi National Bank |
| Financing amount. | 1,000,000,000 US Dollars |
| Financing duration. | 5 years with an option of extension for another two years |
| Guarantees offered for the financing | None |
| Financing objective | Financing general corporate purposes and capital expenditures |
| Related Parties | Saudi National Bank |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 17.58
Net Change -0.06 (-0.34%)
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