Mubasher TV
Contact Us Advertising   العربية

Saudi Cable Company announces the signature of a rescheduling agreement with its last commercial lender

SAUDI CABLE 2110 62.90% 93.10 35.95
Element List Explanation
Date of Signing the Credit Facility Rescheduling 2020-06-01 Corresponding to 1441-10-09
Financier RAJHI
Reasons for rescheduling Loan overdue unsettled
Credit facility Amount and Rescheduled Amount 264,176,483 SAR
Financing Duration, before and after Rescheduling For SAR 58,300,000 : 2 years with 6 months grace,

For SAR 205,876,483 : 4 years extendable to 5 years if 58,300,000/ are settled within 2 years

Guarantees Provided for the Rescheduled Credit Facility signed Promissory Note
Related Parties -

Comments