IFLR1000

Saudi Electricity $2.15 billion revolving credit facility

3/1/2019
Financing
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SR 8.06 billion

$ 2.15 billion

Completed

3/1/2019

Overview:

  • Saudi Arabian state-owned utility Saudi Electricity Company has secured a $2.15 billion revolving credit facility from a syndicated of banks. 
  • The lenders were Abu Dhabi First Bank, Mizuho Bank, MUFG Bank, Standard Chartered Bank, Mitsui Sumitomo foundation, HSBC, Hong Kong and Shanghai Banking Corporation, JP Morgan Chase & Co, and Natixis.

Ben Naylor - Editor

Jurisdictions:

Saudi Arabia
United Arab Emirates

Deal type:

Financing

Practice area:

Banking

Industry sector:

Energy

Firm:
Linklaters

Party: Saudi Electricity Company (Borrower)

Lawyers: Jeremy Gewirtz, Kieron Zaman

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