Saudi Parts Center Co. Announces Obtaining a General facilities for working capital financing
| Element List | Explanation |
|---|---|
| Introduction | Saudi Parts Center Co. Announces the signing of a credit facilities agreement in compliance with Islamic Sharia with The Saudi Investment Bank |
| Date of obtaining the funding | 2024-07-24 Corresponding to 1446-01-18 |
| Financing entity | Saudi Investment Bank |
| Financing amount. | 30,000,000 Saudi Riyal |
| Financing duration. | From 24/07/2024 to 30/04/2025 |
| Guarantees offered for the financing | A promissory note by the company with the total value of the facility |
| Financing objective | To import/purchase materials to finance working capital requirements |
| Related Parties | There are no related parties |
| Additional Information | For any inquire please contact Investor Relations at:
Phone No: 0118212553, Email: [email protected] |
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