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Almunajem Foods Company Announces Signing a New Financing Agreement

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Introduction Almunajem Foods Company announces the signing of a Sharia-compliant financing agreement with Alrajhi Bank.
Date of obtaining the funding 2022-06-14 Corresponding to 1443-11-15
Financing entity Alrajhi Bank
Financing amount. 200,000,000 SR
Financing duration. 12 months
Guarantees offered for the financing Promissory note
Financing objective Facility for general working capital requirements
Related Parties No Related Parties in this agreement.

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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