Al Jouf Cement signs credit facility with Al Rajhi Bank

29/09/2013 Argaam

Al Jouf Cement Company announced that it signed a credit facility agreement with Al Rajhi bank as follows:

1-The finance agreement was signed on 1/9/2013

2-The loan amount is SAR 400,000,000.

3-The loan tenure is from 5/9/2013 to 8/6/2019.

4-The company plans to use the facility to partly finance the cost of the

    establishment of the new production line.

5-The loan is collateralized by a promissory note.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read