East Pipes Integrated Company for Industry Announces Obtaining a Working Capital Financing
Element List | Explanation |
---|---|
Introduction | East Pipes Integrated Company for Industry (East Pipes) announces the signing of a bank's working capital facilities agreement (compliant with the provisions of Islamic Sharia) with The Saudi British Bank |
Date of obtaining the funding | 2022-03-28 Corresponding to 1443-08-25 |
Financing entity | The Saudi British Bank |
Financing amount. | 285,000,000 Saudi Riyals |
Financing duration. | 365 days |
Guarantees offered for the financing | .A promissory note by 285,000,000 Saudi Riyals |
Financing objective | .Financing the working capital of one of the company's projects |
Related Parties | .There are no related parties transactions to the agreement |
Additional Information | Nothing |
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