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Prefect presentation for commercial service (2P) announce a renewal of bank facility in compliant with Islamic sharia with Al-Rajhi bank as follow

7204
2P
-0.35 %
1445/03/16     01/10/2023 15:40:13

Element ListExplanation
Introduction Prefect presentation for commercial service (2P) announce a renewal of bank facility in compliant with Islamic sharia with Al-Rajhi bank as follow
Date of obtaining the funding 2023-10-01 Corresponding to 1445-03-16
Financing entity Al-Rajhi bank
Financing amount. 150,000,000 Million SAR
Financing duration. till 30/09/2024
Guarantees offered for the financing Facility Agreement secured By Promissory Notes to the amount of total facilities limit
Financing objective Invoice Payables, projects financing and issuance of letters of credit & guarantee
Related Parties N/A
Additional Information (2P) Signed the Facility agreement on 01/10/2023.

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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Key Parameters
Last Price 22.5
Net Change -0.08 (-0.35%)
Value Traded (Sar) 4,154,780.68
Volume Traded 184,756
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