Saudi Electricity $1.75bn loan to be sold down

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By Bianca Boorer
31 Aug 2017

Saudi Electricity’s $1.75bn loan, which was signed on August 16, is being syndicated out by the eight lead banks on the deal.

The largest utility company in the Middle East and North Africa signed the five year bullet facility with MUFG, SMBC, MizuhoHSBCStandard CharteredNatixisCitiand First Abu Dhabi Bank.

The transaction was completed in record time – just three months – according to chief financial officer Fahad ...

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