
Zain KSA Secures SAR 5.5 Billion Islamic Facility to Refinance Debt and Fund Growth
Zain KSA has secured SAR 5.5 billion ($1.47bn) in Islamic financing from five banks to refinance existing loans maturing in 2025 and fund future operations. The facility, with a five-year term and one-year grace period, matures in 2030 and supports the telco’s growth strategy.