Ministry of Finance Saudi Arabia

Ministry of Finance Saudi Arabia - Euler Hermes Covered Loan

Industry
Transport/Road vehicles
Area of finance
Export & Agency Finance
Region
Middle East
Middle East
Countries
Saudi Arabia

Deal Overview

Euler Hermes is covering loan for Ministry of Finance Saudi Arabia. The proceeds of the loan, which is the first Green ECA loan in Saudi Arabia, are being used to purchase buses from Germany for Saudi Arabia’s public transport network. The buses will help reduce the greenhouse gas emissions...

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Deal Volume
$258.42m
Financial Close
23/07/2020
Dealmakers
Guido Berning

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Imad Urf

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Nibras Hadi

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Simon Lee

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Stephen Le Vesconte

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Sources

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