Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has signed three joint revolving loans and facility agreements valued at SAR 7.5 billion for general corporate and working capital purposes.

A loan worth SAR 1.875 billion and a shareholder revolving loan agreement totalling SAR 2.812.5 billion were signed with Saudi Aramco, according to a bourse disclosure on Thursday.

Moreover, a shareholder revolving loan agreement with Sumitomo Chemical valued at SAR 2.812.5 billion was inked with Sumika Finance Co.

Each of the three loans matures 36 months after December 2020.