The Saudi Company for Pharmaceutical Industries and Medical Appliances announces the signing of a credit facility agreement with Banque Saudi Fransi.
Element List | Explanation |
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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:
- 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. |
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