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Maaden Secures Oversubscribed $1 Billion Credit Facilities for Expansion

Ma'aden logoMa'aden
Sig3.40Sen+6.43Env0.00Soc+0.24Gov0.00

Ma’aden said it has secured inaugural $1 billion international syndicated term loan and revolving credit facilities that were significantly oversubscribed and backed by financial entities including the US, Canada, Europe, China and Japan. The company cited strong global demand and confidence in its strategy amid plans to invest $110 billion over the next decade and a new Aramco joint venture on minerals for the energy transition.

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