Saudi to raise groundbreaking green ECA loan

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By Mariam Meskin
26 May 2020

Saudi Arabia is set to raise its inaugural green loan with export credit agencies next month. The groundbreaking loan would be the first of its kind in the Middle East.

In an investor call, which included representatives from Saudi Arabia's debt management office (NDMC) and National Development Fund, BlackRock and HSBC, it was confirmed that the finance ministry will be raising its debut export credit agency (ECA) backed loan, which is also expected to adhere to the Green ...

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