Mubasher TV
Contact Us Advertising   العربية

The Saudi Fisheries Company ‎announces that it has obtained a ‎banking facility agreement (Medium-‎term tawarruq) from the Riyad bank

SFICO 6050 -0.52% 22.90 -0.12
Element List Explanation
Introduction The Saudi Fisheries Company and ‎Riyad bank signed an agreement to ‎obtain banking facilities on 12-06-‎‎2024, amounting to 19 million riyals ‎for a period of 2 years, for to cover ‎soft cost and general expenses
Date of obtaining the funding 2024-06-12 Corresponding to 1445-12-06
Financing entity Riyad bank
Financing amount. ‎19 million Riyal
Financing duration. ‎2 Years
Guarantees offered for the financing Loan guarantee under a promissory ‎note from the company for the full ‎value of the loan, in addition to a ‎joint and Several guarantee for the ‎full value of the loan
Financing objective Cover soft cost and general expenses
Related Parties There are no related parties.‎

Comments