| Element List |
Explanation |
| Introduction |
Tam Development Company Announces the Signing of Sharia Compliant Banking Facilities Agreement |
| Date of obtaining the funding |
2024-03-25 Corresponding to 1445-09-15 |
| Financing entity |
BANQUE SAUDI FRANSI |
| Financing amount. |
25,000,000 |
| Financing duration. |
12 Months |
| Guarantees offered for the financing |
A promissory note worth 100% of the total value of the facilities |
| Financing objective |
Issuing various bank letters of guarantee and multi-purpose financing |
| Related Parties |
Not Applicable |
| Additional Information |
The agreement is dated January 25, 2023, but the signatures on the agreement were not completed until March 25, 2023. |
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