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2P Perfect Presentation renews SAR 289m financing with Banque Saudi Fransi

2P Perfect Presentation renews SAR 289m financing with Banque Saudi Fransi
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2P
7204
-0.58% 6.81 -0.04
BSF
1050
-0.25% 19.87 -0.05

Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has extended its Shariah-compliant facility with Banque Saudi Fransi at SAR 289.19 million.

The facility is valid until 6 January 2027 and is secured by promissory notes covering the full facility limit, according to a bourse filing.

The short-term financing will support 2P Perfect Presentation’s newly awarded projects, including the issuance of letters of guarantee, letters of credit, and invoice financing.

Moreover, the loan also includes a long-term sub-limit of SAR 83 million to finance a new building that was announced on 4 December 2025.

Last December, 2P Perfect Presentation renewed a Shariah-compliant bank facility agreement worth SAR 135 million with Gulf International Bank (GIB).