Saudi Electricity Co. announces signing of International syndicated revolving credit facilities agreement of US$ 2.15 billion (SAR 8.06 billion)

Element List	Explanation
Introduction	Saudi Electricity Co. announces that it will sign today, Thursday, 29/11/2018G an International syndicated revolving credit facilities agreement of US$ 2.15 billion (SAR 8.06 billion).
Date of receiving Credit Facility	2018-11-29 Corresponding to 1440-03-21
Creditor	Many international banks includes:

First Abu Dhabi Bank PJSC, Mizuho Bank, Ltd., MUFG Bank, Ltd., Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, HSBC Bank Middle East Limited, and The Hongkong and Shanghai Banking Corporation, JPMorgan Chase Bank, N.A. and Natixis. Credit Facility value USD 2,150 million. Credit Facility duration 1st tranche size of USD 1,577.5 million, with 3-year duration.

2nd tranche size of USD 572.5 million, with 5-year duration. Guarantees provided for credit facility Unsecured. Reason for Credit Facility General corporate purpose. Related Parties No related party. Additional Information Any further material developments will be announced as it occurs.

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