News
18 March 2025

Saudi Kayan agrees Islamic refinancing

In:
Chemicals/Petrochemicals, Oil & gas
Region:
Middle East & Africa

Saudi Kayan Petrochemical Company has signed an agreement to refinance Islamic Murabaha loans amounting to SAR8.1 billion ($2.16 billion) with certain local banks.The Saudi National Bank (SNB), Banque Saudi Fransi, and Alinma Bank acted as lead arrangers. According to a bourse filing, the deal aims...

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