Alasmak fully repays Tawarruq loan with BSF

16/08/2020 Argaam

Saudi Fisheries Co. (Alasmak) fully repaid the medium-term Tawarruq loan which it had secured from Banque Saudi Fransi (BSF), the company said in a bourse statement.

 

In Sept. 2018, Alasmak signed a SAR 130 million medium-term Tawarruq loan agreement with BSF. The five-year credit facility was used in financing the company’s operations.

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