December 17, 2017 / 6:29 AM / a month ago

BRIEF-Saudi's Ma'aden Says Unit Signs 6.68 BLN Riyals Financing Agreements

Dec 17 (Reuters) - SAUDI ARABIAN MINING CO:

* UNIT MAADEN ALUMINUM SIGNS FINANCING AGREEMENTS WITH LOCAL, INTERNATIONAL LENDERS FOR TOTAL AMOUNT OF 6.68 BILLION RIYALS TO REPLACE ITS EXISTING DEBT

* MURABAHA FACILITY FOR 10 YEARS AND WILL BE REPAID IN 14 SEMI-ANNUAL SCHEDULED INSTALLMENTS STARTING FROM MARCH 31 2021

* COMMERCIAL FACILITY FOR 7 YEARS AND WILL BE REPAID IN 8 SEMI-ANNUAL SCHEDULED INSTALLMENTS STARTING FROM MARCH 31 2021 Source text for Eikon: Further company coverage: )

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