Saudi Oger closes in on rare Middle East forward start
Saudi Oger, the privately-owned conglomerate, is close to completing a rare forward start facility from the Middle East.
The borrower is extending for two years a loan due towards the end of this year. The facility has already achieved a rollover rate of about 90%, according to bankers. "Saudi Oger is a good name and this has done very well," said one.
The deal is also one ...Already a subscriber? Login