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Home > All news > Bahri > Bahri expands International Banking Relationships through USD 263 mn Refinancing

Bahri expands International Banking Relationships through USD 263 mn Refinancing

1 day ago
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Riyadh - Bahri announced the successful completion of a USD 263 million refinancing facility with BNP Paribas and the National Bank of Greece (NBG), marking an important step in the execution of the Group’s funding strategy.

The transaction represents Bahri’s first unsecured international bank financing facility, contributing to a reduction in the Group’s reliance on secured debt, enhancing financial flexibility, and further expanding its relationships with international financial institutions.

This is the first step in Bahri’s transition toward a Group-level funding model, as the Company continues to enhance the efficiency and . . .

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