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Tanmiah Food Company announces that it secured a new (Shariah compliant) credit facility from Banque Saudi Fransi
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TANMIAH
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1445/06/06 19/12/2023 15:38:34
| Element List | Explanation |
|---|---|
| Introduction | Tanmiah Food Company announces that it has secured a new Long-term credit facility amounting to SAR 450 million from Banque Saudi Fransi to support its ongoing strategic expansion plans. |
| Date of obtaining the funding | 2023-12-19 Corresponding to 1445-06-06 |
| Financing entity | Banque Saudi Fransi |
| Financing amount. | SAR 450 million |
| Financing duration. | 7 years from 1st drawdown |
| Guarantees offered for the financing | Promissory note |
| Financing objective | To support strategic expansion plans |
| Related Parties | None |
| Additional Information | None |
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 97.2
Net Change 0.05 (+0.05%)
Value Traded (Sar) 3,381,871.6
Volume Traded 34,693
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