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Saudi Paper Manufacturing Co. Announces Obtaining a Facilities Agreement
2300
SPM
-1.26
%
1445/06/15 28/12/2023 16:00:09
| Element List | Explanation |
|---|---|
| Introduction | Saudi Paper manufacturing company announces the signing of an agreement with Riyad Bank to provide credit facilities (in compliance with Shariah regulations) |
| Date of obtaining the funding | 2023-12-28 Corresponding to 1445-06-15 |
| Financing entity | Riyad Bank |
| Financing amount. | SAR 85 million |
| Financing duration. | 3 Years |
| Guarantees offered for the financing | Promissory note |
| Financing objective | Support cash liquidity to cover working capital required for operations in line with the company's strategy and future plans |
| Related Parties | No related |
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 62.8
Net Change -0.8 (-1.26%)
Value Traded (Sar) 9,585,753.7
Volume Traded 151,399
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