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2P Perfect Presentation extends SAR 135m facility with Alinma Bank

2P Perfect Presentation extends SAR 135m facility with Alinma Bank
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2P
7204
0.26% 7.82 0.02
ALINMA
1150
-0.07% 26.68 -0.02

Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has renewed its Shariah-compliant facility with Alinma Bank at SAR 135 million.

The financing will support newly awarded projects, including the issuance of letters of guarantees, letters of credit, and invoice financing, according to a bourse filing.

It will remain active until 18 January 2027 and is secured through promissory notes covering the full facility limit.

Earlier this month, 2P Perfect Presentation extended SAR 289.19 million Shariah-compliant facilities with Banque Saudi Fransi.