Element List |
Explanation |
Introduction |
Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO ADDWAIEH) announces the signing of a Sharia compliant credit facility agreement with Banque Saudi Fransi amounting to SAR 300 million. |
Date of obtaining the funding |
2023-06-14 Corresponding to 1444-11-25 |
Financing entity |
Banque Saudi Fransi |
Financing amount. |
SAR 300 million. |
Financing duration. |
Long-term facilities for 5 years |
Guarantees offered for the financing |
Promissory note. |
Financing objective |
The purpose of these Long-term facilities is for Balance Sheet restructuring. |
Related Parties |
None |
Additional Information |
None |
Comments