VOL. XXXVII
NO. 45
8-AUGUST-1994
Financial and Banking News
Regional Financing
...And Sceco-Central Award Delayed While Financing Is Reconsidered
Hard on the heels of the balance of payments loan deferment came news thatthe $1.6bn expansion plan for the Saudi Consolidated Electric Company - Central(Sceco - Central) was being delayed due to financing difficulties. Local banksappear to have balked at the prospect of providing around $1bn in loan financefor the expansion, and the official who...
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