Saudi Electricity Company (SEC) has annoucned that it has successfully priced a $2.75 billion dual-tranche senior unsecured ...

The certificates will be issued under the Saudi Electricity Sukuk Programme Company’s Trust Certificate Issuance Programme, which is expected to be rated Aa3 by Moody's and A+ by Fitch. HSBC and ...

Ma’aden debuted in the sukuk market last week, issuing $750m 5.25% 2030s at 100bp over US Treasuries and $500m 5.5% 2035s at ...

Saudi Electricity Company has drawn a combined book of more than $11.6bn for its dual tranche sukuk, even as international ...

LONDON - HSBC Bank plc, acting as the Stabilisation Coordinator, has announced potential stabilisation activities for the Saudi Electricity Sukuk Programme Company's securities. The stabilisation ...

targeting qualified investors in Saudi Arabia and internationally. SEC stated that its board of directors approved the issuance on Dec. 17, 2024. The company appointed HSBC, Standard Chartered Bank, ...

The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from sulfur ...

The Saudi Fund for Development has signed its first concessional loan agreement with Suriname, allocating $20 million to ...

Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC profit after Mudaraba up 25% to SAR 870M in H1 2024; Q2 at SAR 2.15B 6 M 2024 Saudi Electricity cuts losses ...

The company has expanded its delivery network to over 40 cities across Saudi Arabia, with offices in three major regions, while processing $350m (SAR 1.3 billion) in RFQs through its platform.