Saudi Electricity Secures SAR 16 Billion Murabaha Facility

SAUDI ENERGY +0.88%

SAUDI ENERGY

5110.SA

17.25

+0.88%

On February 11, 2026, Saudi Electricity Company announced it has secured a SAR 16 billion Shari'ah-compliant Murabaha financing facility from a consortium of seven banks including Saudi National Bank, Al Rajhi Banking and Investment Corporation, and Saudi Awwal Bank. The three-year facility, which includes an extension option, will be used to refinance existing Murabaha indebtedness and requires no guarantees from the company.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93078&anCat=1&cs=5110&locale=ar

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