Saudi Arabian Ma’aden to Reschedule Phosphate Subsidiary’s Debt

Posted on 06/22/2020

Saudi Arabian Mining Company, which is also known as Ma’aden, has a phosphate unit called Ma’aden Wa’ad Al Shamal Phosphate Company. Ma’aden Wa’ad Al Shamal Phosphate Company is rescheduling and refinancing 6.7 billion Saudi riyals (US$ 1.8 billion) worth of debt that is owed to Saudi Arabia’s Public Investment Fund (PIF) and is moving it […]

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