Saudi Oger to raise $2bn syndicated loan
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Saudi Oger to raise $2bn syndicated loan

Saudi Oger to raise $2bn syndicated loan

Construction company Saudi Oger is raising a $2bn syndicated loan to finance the construction of police training facilities in Saudi Arabia, Reuters has reported, citing banking sources. The company has been trying to diversify its financing beyond domestic banks, many of which are near their lending limits for the construction company, the sources said.

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