Logo of Abdullah Saad Mohammed Abo Moati for Bookstores Co.
Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) signed a Shariah-compliant credit facility agreement worth SAR 40.5 million with Saudi British Bank (SABB).
In a statement to Tadawul, the company said that the facility aims to finance the operating capital.
The one-year facility is guaranteed by a promissory note.
There are no related parties to this agreement, the statement added.
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