SEC plans to raise up to SR7bn from bond for expansion
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SEC plans to raise up to SR7bn from bond for expansion

Riyadh : Saudi Arabia | Apr 11, 2010 at 3:05 PM PDT
Source: Arab News
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State-controlled Saudi Electricity Co. (SEC) is confident it would raise up to SR7 billion ($1.87 billion) from an Islamic bond next month to fund expansion, even without a government guarantee. Saudi Electricity's chief executive, Ali Saleh Al-Barrak, said the issue would take place next month... FULL ARTICLE AT Arab News
 
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