Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank
- Date: 07-May-2023
- Source: Mubasher
- Sector:Financial Services
- Country:Saudi Arabia
Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank
|Element List||Explanation|
|Introduction||Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank|
|Date of obtaining the funding||2023-05-07 Corresponding to 1444-10-17|
|Financing entity||The Saudi Investment Bank|
|Financing amount.||130,437,367.39 SR|
|Financing duration.||From 07-05-2023 to 31-10-2023|
|Guarantees offered for the financing|| Order Notes by the company with the total value of the facilities
|
Mortgage of the company's investment portfolio shares
|Financing objective||To purchase and import raw materials required for manufacturing activity, purchase and import machines and injection molds to finance capital expansions and financing general investment.|
|Related Parties||There are no related parties|
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