The three and five-year loan will replace an existing $750 million revolving facility raised in 2013 and will back Senaat's general corporate requirements.
The new facility, provided by 11 financial institutions, is priced below the 2013 loan, Senaat said without providing further detail.
Advertisement(Reporting by Hadeel Al Sayegh; Writing by Davide Barbuscia; Editing by David Goodman) ((Davide.Barbuscia@thomsonreuters.com;))
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