Saudi Kayan headquarters
Saudi Kayan Petrochemical Co. signed a Murabaha refinancing deal worth SAR 8.1 billion with several local banks. 
The refinancing agreement includes replacing the existing debt with new financing. According to a statement to Tadawul, the financing parties include Saudi National Bank (SNB), Banque Saudi Fransi (BSF), and Alinma Bank. The original financing term before restructuring was eight years, maturing in December 2027, while the new term after restructuring is 10 years, ending in December 2034.
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Saudi Kayan headquarters
Saudi Kayan Petrochemical Co. signed a Murabaha refinancing deal worth SAR 8.1 billion with several local banks.
The refinancing agreement includes replacing the existing debt with new financing. According to a statement to Tadawul, the financing parties include Saudi National Bank (SNB), Banque Saudi Fransi (BSF), and Alinma Bank. The original financing term before restructuring was eight years, maturing in December 2027, while the new term after restructuring is 10 years, ending in December 2034.
