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Aljouf Cement Company Announces Rescheduling the Facilities with Alinma Bank
3091
JOUF CEMENT
8.22
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1446/01/17 23/07/2024 15:42:27
| Element List | Explanation |
|---|---|
| Introduction | Aljouf Cement Company Announces signed off an agreement to reschedule the Islamic Facilities with Alinma Bank which will support its operation |
| Date of singing the rescheduling of finance | 2024-07-23 Corresponding to 1446-01-17 |
| Financing entity | Alinma Bank |
| Reasons for rescheduling | To support its operational and financial operations during agreement duration |
| The Financing amount and rescheduled part | Financing value: 374,000,000 Saudi riyals. The rescheduled portion: 374,000,000 Saudi riyals. |
| Financing Duration, before and after Rescheduling | Seven years ending in 2031 AD instead of 2029 AD, including a two-year grace period |
| Guarantees offered for the rescheduled Financing | Promissory note and mortgage of portion of its assets |
| Related Parties | There is no |
| Additional Information | There is no |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 12.9
Net Change 0.98 (+8.22%)
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