Petro Rabigh repays SAR 21.9bn loans for industrial complex Phase I

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has completed on 20 December the full repayment of SAR 21.9 billion credit facilities related to Phase I of the industrial complex.

The company noted that the loans were paid back upon the scheduled repayment plan, according to a bourse filing.

It is worth noting that Petro Rabigh inaugurated Phase I of the project in 2009, aiming to increase Saudi Arabia’s annual production capacity of petrochemicals and refined products.

Mubasher Contribution Time: 21-Dec-2021 12:43 (GMT)
Mubasher Last Update Time: 21-Dec-2021 13:20 (GMT)