The Saudi Company for Pharmaceutical Industries and Medical Appliances announces the signing of a credit facility agreement with Banque Saudi Fransi.

The Saudi Company for Pharmaceutical Industries and Medical Appliances announces the signing of a credit facility agreement with Banque Saudi Fransi.

|Element List||Explanation|

|Introduction||Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO ADDWAIEH) announces the signing of a credit facility agreement with Banque Saudi Fransi amounting to 225 million SAR.|

|Date of obtaining the funding||2022-08-28 Corresponding to 1444-02-01|

|Financing entity||Banque Saudi Fransi|

|Financing amount.|| The total value of the credit facilities is 225 million SAR (Sharia compliant) followings:

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- Short-term facilities is (200 million SAR).

- Treasury Facility is (25 million SAR).

|Financing duration.||-One year (revolving loan on demand).|

|Guarantees offered for the financing||Promissory note|

|Financing objective||-The purpose of financing working capital requirements.|

|Related Parties||No more.|

|Additional Information||No more.|