Saudi Electricity Company (SEC), founded in 2000 and headquartered in Riyadh, is the largest utility company in the Middle East, serving the generation, transmission, and distribution of electricity across Saudi Arabia. The company plays a crucial role in powering the nation’s economy through its extensive electric services and infrastructure development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SECO 5.68% 2053-04-11 USDSaudi Electricity Co | Saudi Arabia | 2053-04-11 | 5.684 | 5.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SEC commenced bond issuances in 2010, with notable milestones including a SAR 2.85 billion bond in 2018 aimed at financing infrastructure projects and enhancing liquidity. The company’s bonds have attracted substantial interest, reflecting competitive yields attributed to its strong credit rating. Recent reports indicate SEC's bonds continue to perform favorably against industry benchmarks, and the company is exploring green bond options to align with Saudi Arabia’s Vision 2030 framework, enhancing its appeal to sustainable investors.