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17 September 2026

Bahri shifts funding model with $263m unsecured deal

Downunder Voices Newsroom

Source reporting: Splash247

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Bahri shifts funding model with $263m unsecured deal

Saudi Arabia’s Bahri has completed a SAR986. 3m ($263m) refinancing with BNP Paribas and the National Bank of Greece, marking the shipping group’s first unsecured international bank financing. The National Shipping Company of Saudi Arabia said the transaction is aimed at reducing its reliance on asset-backed debt while broadening its relationships with international lenders. It is …

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