Riyadh-Mubasher: Sahara Petrochemicals Co. said Tuesday its affiliate Al Waha Petrochemical has signed an agreement with the Saudi Fund for Development (SFD) to secure financing worth $70 million (SAR 262.5 million).
The loan will mature during a period ending 22 November 2020.
The credit facility, guaranteed by order notes by Al Waha, will be used in financing the working capital.
