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SABIC Signs Credit Facility Agreement Worth SR 3.750 Billion
Saudi Press Agency Published in Saudi Press Agency on 16 - 06 - 2010

Saudi Basic Industries Corporation "SABIC" signed here on Tuesday a credit facility agreement with Al-Inma Bank amounting to SR 3.750 billion for financing part of its projects within the framework of its plans and programs for raising the level of financial performance, increasing competitiveness and achieving SABIC's strategy of expansion and growth.
The agreement was signed by SABIC Executive Vice President for Finance Eng. Mutlaq bin Hamad Al-Morished and the Bank's Executive President Abdulmohsen bin Abdulaziz Al-Faris.

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