Sahara Petrochemical takes SR400m RCF

15 Oct 2012

Sahara Petrochemical, the Saudi Arabian oil company, has completed a SR400m ($106.7m) standby revolving credit facility with Saudi Investment Bank.

The three year line will be used as standby support for the company’s working capital, projects and future investment needs, the borrower said in a statement on the Saudi bourse.

Sahara Petrochemical tapped the loan market last month when it signed a SR500m three year loan from Riyad ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.