The first tranche, valued at $2.39bln, will mature in 2024
The company said in a statement that the financing period will be 14 years
The credit facility duration is 6 months
"Despite this glimmer of optimism, total issuance volume for the full year 2020 will be lower than in 2019."
The credit facility duration is 30 months
The issuance will target experienced investors residing in Saudi Arabia