{
Riyadh Air

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}
001122334455554433221100
001122334455554433221100

riyadh air secures 1.3 billion credit facility ahead of 2025 launch

Riyadh Air, Saudi Arabia's new airline, has secured a $1.3 billion credit facility from a consortium of Gulf banks to support its launch planned for summer 2025. The financing includes an Islamic revolving credit facility of 3 billion riyals, with an option for an additional 2 billion riyals, involving eight banks in the region.
Bloomberg.com
Saudi Riyal Riyadh Air SAU
Finance & Economy, Press Release
07:00 31.10.2024
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