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Prefect presentation for commercial service (2P) announce a Increase &renewal of bank facility in compliant with Islamic sharia with Saudi Awwal Bank as follow
7204
2P
3.77
%
1445/10/06 15/04/2024 16:00:01
| Element List | Explanation |
|---|---|
| Introduction | Prefect presentation for commercial service 2P announce a Increase &renewal of bank facility in compliant with Islamic sharia with Saudi Awwal Bank as follow |
| Date of obtaining the funding | 2024-04-15 Corresponding to 1445-10-06 |
| Financing entity | Saudi Awwal Bank |
| Financing amount. | 80,000,000 SAR |
| Financing duration. | Till 31 / 12 / 2024 |
| Guarantees offered for the financing | Facility Agreement secured By Promissory Notes to the amount of total facilities limit |
| Financing objective | To Be utilized for New Awarded Projects ( Issuing Letter of Guarantees , Letter of Credit & Invoice Financing |
| Related Parties | N/A |
| Additional Information | 2P Signed the Facility agreement on 15/04/2024 |
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 31.65
Net Change 1.15 (+3.77%)
Value Traded (Sar) 18,215,024.5
Volume Traded 583,735
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