SEC signs $2.6bn international syndicated bridge facility with global banks

Saudi Electricity Company (SEC) has signed a $2.6 billion international syndicated bridge facility with eight major global banks to fund future plans, it has announced. The facility is co-financed by international banks such as Citibank, Bank of Tokyo-Mitsubishi, First Abu Dhabi Bank, HSBC, Mizuho Bank, Natixis, Sumitomo Mitsui Banking Corporation…