Eastern Cement Production

Eastern Cement Khursaniyah's New Production Line Project - Financing

Industry
Manufacturing & equipment/Cement
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Saudi Arabia

Deal Overview

Eastern Province Cement Company has secured an SAR850 million ($226 million) Shariah-compliant credit facility for a new production line in the company’s plant in Khursaniyah. Funding will primarily be used to support the construction of a new SAR1 billion ($269 million) production line with...

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Deal Volume
$226.2m
Financial Close
14/10/2024
Dealmakers
Sources

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Project Deals

Eastern Cement Production Line Project
$266.12m
Greenfield
Cement
Middle East
Middle East
Saudi Arabia