Abdulmohsen Alhokair Group for Tourism and Development announces obtaining of the renewal of the Facility Agreement (Sharia Compliant) with Al Jazeera Bank
| Element List | Explanation |
|---|---|
| Date of receiving Credit Facility | 2018-09-20 Corresponding to 1440-01-10 |
| Creditor | Al Jazeera Bank |
| Credit Facility value | SAR 100 million |
| Credit Facility duration | 4 years |
| Guarantees provided for credit facility | The Credit facilities are secured by a promissory note from the Company |
| Reason for Credit Facility | finance Working Capital |
| Related Parties | This agreement is not with a related party |
Comments