Sadara agrees with lenders to reprofile its debt

Sadara agrees with lenders to reprofile its debt

Sadara Chemical Company (Sadara) has signed an agreement with agency creditors and commercial lenders to restructure Sadara’s debt. The restructured debt repayment has been better aligned to match Sadara’s expected future cash flow generation. This agreement became effective March 25, 2021. Key provisions of the agreement include a debt maturity extension from 2029 to 2038;...

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