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15-Feb-2016

SEC raises ceiling on credit facilities to USD2.5 billion

Saudi Electricity Company (SEC) [5110.SE] announced the approval of the Executive Committee to raise the ceiling on credit facilities from USD1.5 billion to USD2.5 billion. According to the company, the objective of this procedure is to finance some of the company's capital projects. (Mubasher)   Saudi Electricity Company: SAR14.00 as of 14 February 2016, Rating: 0, FV: SAR0.00 per share, MCap: USD15,555 million, SECO AB / 5110.SE

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