Saudi Arabia works with global banks to refinance $10bn loan

Riyadh – Mubasher: Saudi Arabia is working with global banks in order to refinance its international syndicated loan of $10 billion.

These international banks are HSBC, JP Morgan and the Japanese Mitsubishi UFG Financial Group, the source told Reuters .

It is expected that the loan would end by mid-February, the news agency added.

Moreover, other banks in Europe, America and Japan may partake in the loan.

Mubasher Contribution Time: 07-Feb-2018 09:24 (GMT)
Mubasher Last Update Time: 07-Feb-2018 09:47 (GMT)