Saudi Aramco to seek USD2bn loan from Japanese export agency| MENAFN.COM

Monday, 27 June 2022 03:29 GMT

Saudi Aramco to seek USD2bn loan from Japanese export agency


(MENAFN) Source reported Saudi Arabian Oil Co to be looking for a $2 billion loan Japan's export-credit agency.

The Japan Bank for International Cooperation is reportedly mulling over the loan facility, however a closing deal hasn't been agreed on as of yet.

The agreement is to make the Japanese export-credit turn out to be the second state institution to enlarge financing to Aramco before its planned first public offering.

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