News
01 February 2024

SACE backs SPMC's green credit facility

Region:
Middle East & Africa

Bank ABC has closed a €24.9 million ($27.1 million) ECA-backed sustainability-linked credit facility for Saudi Paper Manufacturing Company (SPMC). The financing is backed by the Italian export credit agency SACE, and the exposure is spread across a term of five years, alongside order notes.The...

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