Saudi Arabian Mining Co. (Maaden) has signed a five-year extension and amendment to its existing five-year Murabaha revolver loan facility, originally signed on Dec. 18, 2012, it said in a statement to Tadawul on Wednesday.
The facility, which was reduced from SAR 9 billion to SAR 7.5 billion, is currently undrawn and will provide liquidity support, it said.
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