| Element List |
Explanation |
| Introduction |
Saudi Electricity Co (SEC) announces that it has signed today, Tuesday, 25/12/2018G a bilateral Murabaha facility agreement. |
| Date of receiving Credit Facility |
2018-12-25 Corresponding to 1440-04-18 |
| Creditor |
SAMBA Financial Group |
| Credit Facility value |
SAR 2.4 billion |
| Credit Facility duration |
5 years |
| Guarantees provided for credit facility |
unsecured |
| Reason for Credit Facility |
General corporate purposes and capital expenditures |
| Related Parties |
Mr. Fahad H. Al-Sudairi is an acting CEO of SEC and a board member of Samba Financial Group |
Comments