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Natural Gas Distribution Co. Announces Obtaining a Medium Term Financing Contract

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Introduction Natural Gas Distribution Company announces obtaining a medium-term financing contract to finance the company’s expansion in extending the natural gas network in the Second Industrial City in Riyadh
Date of obtaining the funding 2024-12-01 Corresponding to 1446-05-29
Financing entity Riyadh Bank
Financing amount. 22,149,000 Saudi Riyals
Financing duration. 5 years
Guarantees offered for the financing Promissory note
Financing objective Financing the company's expansion in extending the natural gas network
Related Parties Not applicable

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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