Saudi Lime Industries Company announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with Arab National Bank

Saudi Lime Industries Company announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with Arab National Bank

Element List

Explanation

Introduction

The Saudi Lime Industries Company announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with Arab National Bank

Date of obtaining the funding

2024-03-12 Corresponding to 1445-09-02

Financing entity

Arab National Bank

Financing amount.

140,000,000 SR

Financing duration.

Seven years

Guarantees offered for the financing

Execute a promissory note from company equivalent to the total financing amount

Financing objective

Supporting the company's strategic plans through expansion, investment, and growth operations

Related Parties

There are no related parties

Saudi Lime Industries Company announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with Arab National Bank