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Elm Company Announces the Signing of Sharia Compliant Banking Facilities Agreement

ELM 7203 -8.08% 910.00 -80.00
Element List Explanation
Introduction Elm Company announces the signing of Sharia compliant banking facilities agreement with Alrajhi Bank.
Date of obtaining the funding 2023-09-11 Corresponding to 1445-02-26
Financing entity Alrajhi Bank
Financing amount. SAR 500,000,000
Financing duration. 12 months
Guarantees offered for the financing Promissory note to the amount of total facilities limit
Financing objective Financing the working capital (if needed) and bank guarantees facilities
Related Parties Not Applicable

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