Riyadh – Mubasher: Saudi Arabia is working with global banks in order to refinance its international syndicated loan of $10 billion.
These international banks are HSBC, JP Morgan and the Japanese Mitsubishi UFG Financial Group, the source told Reuters .
It is expected that the loan would end by mid-February, the news agency added.
Moreover, other banks in Europe, America and Japan may partake in the loan.
Source:
Mubasher