Energy Other
Saudi NDMC Secures $13 Billion Syndicated Loan to Fund Power and Utilities Projects
The National Debt Management Centre (NDMC) has successfully arranged a seven-year syndicated loan worth USD 13 billion, aimed at supporting the Kingdom’s power, water, and public utilities projects.
The loan forms part of Saudi Arabia’s Medium-Term Debt Strategy, designed to diversify funding sources and meet government financing needs at competitive costs while maintaining robust risk management frameworks.
The NDMC said the transaction is intended to leverage market opportunities to execute alternative government financing initiatives, supporting economic growth and the financing of development and infrastructure projects in line with Saudi Vision 2030.
This latest move highlights the Kingdom’s commitment to sustainable infrastructure financing and its ongoing efforts to attract strategic investment for long-term development.
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