Maaden Phosphate Co. to discuss debt facility replacement with lenders

By James Sean Dickson
Published: Tuesday, 08 September 2015

Financial data stretching back a number of years has the potential to reduce the cost of lending for the fertiliser manufacturer, as the information can be fed into risk analysis models for potential lenders.

The Maaden Phosphate Co., a joint venture (JV) between the Saudi Arabian Mining Co. (Maaden) and Saudi Arabia Basic Industries Corp. (SABIC) has announced that it is discussing its debt facility with local, regional and international banks.

The JV producer of phosphate products and ammonia for the fertiliser industry, which is...

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