East Pipes Integrated Company for Industry Announces Obtaining a Financing the working capital

-0.43 %
1444/12/22     10/07/2023 09:00:22

Element ListExplanation
Introduction East Pipes Integrated Company for Industry (East Pipes) announces the signing off a bank's working capital facilities agreement (compliant with the provisions of Islamic Sharia) with Banque Saudi fransi.
Date of obtaining the funding 2023-07-09 Corresponding to 1444-12-21
Financing entity Banque Saudi fransi.
Financing amount. 1,100,000,000 Saudi Riyals.
Financing duration. 459 days.
Guarantees offered for the financing A promissory note by 1,150,000,000 Saudi Riyals.
Financing objective Financing the working capital of some of the company's projects.
Related Parties There are no related parties transactions in the agreement.
Additional Information Nothing.

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 138.4
Net Change -0.6 (-0.43%)
Value Traded (Sar) 11,902,490.6
Volume Traded 85,592
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