Logo of Al Rajhi Bank
Al Rajhi Bank raised a sustainability-linked Shariah-compliant syndicated loan worth SAR 1.92 billion, making it the largest financing in the Middle East this year, Bloomberg reported. 
The three-year credit facility drew nearly 20 creditors, including Emirates NBD, HSBC and Maybank.
The financing, divided into two tranches of $1.2 billion and $705 million, will be used for general purposes, the newswire added.
Logo of Al Rajhi Bank
Al Rajhi Bank raised a sustainability-linked Shariah-compliant syndicated loan worth SAR 1.92 billion, making it the largest financing in the Middle East this year, Bloomberg reported.
The three-year credit facility drew nearly 20 creditors, including Emirates NBD, HSBC and Maybank.
The financing, divided into two tranches of $1.2 billion and $705 million, will be used for general purposes, the newswire added.
