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Saudi's Petrochem signs $800mln financing deal with Samba, Riyad Bank

Saudi Polymer Company has signed a 3 billion Saudi riyals ($799.3 million) credit facility with Samba Financial Group and Riyad Bank. Saudi Polymer Company is a subsidiary of National Petrochemical Company (Petrochem). The credit facility is for refinancing an existing project financing loan, Petrochem said in a statement to the…

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