Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO) has signed a loan facility agreement at SAR 150 million with the Saudi Industrial Development Fund (SIDF).
The pre-shipment finance will be used to bolster the company's exports, the company said in a statement to Tadawul.
The 12-month facility, which is valid from the signing date (Aug. 27), is secured by a promissory note and a previous pledge, SPIMACO said, adding that no related parties are involved in the deal.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}