Logo of Perfect Presentation for Commercial Services Co. (2P)
Prefect Presentation for Commercial Services Co. (2P) signed today, June 2, a new Shariah-compliant credit facility agreement worth SAR 135 million with Alinma Bank, according to a statement to Tadawul.
The facility, valid until June 1, 2025, was disbursed today, said the company.
It is secured by a promissory note to the amount of the total facility limit.
The finance will be used to fund newly-awarded projects, alongside issuing letters of guarantee and credit as well as invoice financing. It noted that there are no related parties to the deal.
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