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by Legal Desire
23 March 2023

Baker McKenzie acts for lenders and facility agent in the SAR 10 billion syndicated financing of Saudi Electricity Company

Advising firms

Deal team

3 lawyers named
LawyerFirmSeniorityPracticeOffice
Fatima Alhasan Lead Baker McKenzie Partner Banking and Finance Bahrain
Abdulrahman Almajthoob Baker McKenzie Not stated Not stated Not stated
Marwah Abdulmalik Baker McKenzie Not stated Not stated Not stated

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Stated terms

Stated value
SAR 10bn (Saudi Riyal 10 billion (SAR 10,000,000,000))
What the figure measures
Facility amount
Client
Not stated
Counterparties
Saudi Electricity Company (Borrower)
Al Rajhi Banking and Investment Corporation (Lenders)
Banque Saudi Fransi (Lenders)
The Saudi British Bank (Lenders)
The Saudi National Bank (Lenders)
Riyad Bank (Lenders)
Bank Albilad (Lenders)
Bank Al Jazira (Lenders)
Qatar National Bank (Lenders)
The Saudi Investment Bank (Lenders)
HSBC Saudi Arabia (Lenders)