SEC secures $1.5 bln loan from China’s ICBC

30/06/2016 Argaam

Saudi Electricity Co. (SEC) on Wednesday inked a $1.5 billion (SAR 5.63 billion) direct commercial financing agreement with Industrial and Commercial Bank of China (ICBC).

 

The loan, which was unsecured, will go towards financing some of SEC’s capital projects, the company said in a statement to Tadawul.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.