If you'd like to get contact with us, please send an email to info@maaden.com.sa or you can contact one of our offices below:

SAUDI ARABIAN MINING COMPANY

Head Office - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8000
Fax: +966 (0) 11 874 8300
info@maaden.com.sa
Procurement - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8096
Fax: +966 (0) 11 874 84444
srm@maaden.com.sa
Public & Media Affairs - Riyadh
P.O. Box 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8409
Fax: +966 (0) 11 874 8057
media@maaden.com.sa
Jeddah
P.O. Box 13784 Jeddah 21414
Kingdom of Saudi Arabia
Tel: +966 (0) 12 229 2600
Fax: +966 (0) 12 229 2651
Al Khobar
P.O. Box 32001 Al Khobar 31952
Kingdom of Saudi Arabia
Tel: +966 (0) 13 811 1970
Fax: +966 (0) 13 811 1964
Jubail
P.O. BOX 11110 Jubail 31961
Kingdom of Saudi Arabia
Tel: +966 (0) 13 347 3333
Fax: +966 (0) 13 347 5682
Investor Relation - Riyadh
P.O BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8123
Fax: +966 (0) 11 874 8132
invest@maaden.com.sa

STRATEGIC BUSINESS UNITS - SBU

Aluminium - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Fax: +966 (0) 11 874 8187
aluminiumsales@maaden.com.sa
Phosphate - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8329
mktg-online@maaden.com.sa
Gold - Jeddah
P.O BOX 13784 Riyadh 21414
Kingdom of Saudi Arabia
Tel: +966 (0) 12 229 2600
Fax: +966 (0) 12 229 2651
About Image

SAUDI ARABIAN MINING COMPANY (MAADEN) ANNOUNCES ITS SUBSIDIARY MAADEN ALUMINUM COMPANY (MAC) HAS SIGNED FINANCING AGREEMENTS WITH LOCAL AND INTERNATIONAL LENDERS TO REPLACE ITS EXISTING DEBT

Dec 17, 2017

Saudi Arabian Mining Company (Maaden) announces that its subsidiary (Maaden Aluminum Company) has signed on 26/03/1439H (corresponding to 14/12/2017G) financing agreements with the following commercial banks and other financial institutions: Al Rajhi Banking and Investment Corporation, The National Commercial Bank, Riyad Bank, Banque Saudi Fransi, Bank AlJazirah, Saudi British Bank, Bank AlBilad, Arab National Bank , Export Development Canada, Samba Financial Group, BNP Paribas (Bahrain and Riyadh Branch), First Abu Dhabi Bank PJSC, Arab Petroleum Investment Corporation (APICORP) and Natixis, for a total amount of SAR 6.68 billion (USD 1.78 billion). The new debt will replace the existing debt.

The new facilities, are on more favorable terms reflecting Maaden Aluminium Company status as a successful operating company and have been provided without any corporate financial guarantees. The period of the loans will be as follow:

1- Murabaha facility for 10 years and will be repaid in 14 semi-annual scheduled installments starting from 31 March 2021.

2- Commercial facility for 7 years and will be repaid in 8 semi-annual scheduled installments starting from 31 March 2021.

Note that Maaden Aluminium Company is 74.9% owned by Maaden and 25.1% owned by Alcoa Corporation

For further information please contact:

Media Relations

E: media@maaden.com.sa

MEDIA CONTACTS

Media Relations
media@maaden.com.sa

Annual Report 2014

Annual Report
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