Saudi Mobily inks $200 million loan with Canada export agency

Technology and Equipment

Saudi Mobily inks $200 million loan with Canada export agency
Saudi Arabia’s telecoms operator, Etihad Etisalat (Mobily) has signed a $200 million vendor funding agreement with Canada’s export credit agency to purchase equipment from Alcatel Lucent, the second top most telecommunications operator in the kingdom.
The lead arrangers on the sharia-compliant facility are Credit Agricole, Societe Generale and Bank of Tokyo Mitsubishi, which will be used over two years and has a tenor of 10.5 years.Read complete story at http://www.tendersontime.com/blog-detail/saudi-mobilyks-200-million-loan-canada-exportgency-86.php
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