Saudi Kayan Petrochemical Co. has signed murabaha revolving credit facility agreement for 3 billion riyals ($800 million) with Saudi National Bank.

The five-year facility will utilised to meet the working capital requirements, the maker of specialty chemicals and polymers said on Tuesday in a regulatory filing on Tadawul where its shares trade.

(Writing by Brinda Darasha; editing by Seban Scaria)

brinda.darasha@lseg.com