Al Hokair Group renews SAR 100 mln credit facility with Bank Aljazira

25/09/2018 Argaam

 

Abdulmohsen Alhokair Group for Tourism and Development Co. has renewed a SAR 100 million Sharia-compliant credit facility agreement with Bank Aljazira, the company said in a bourse filing on Tuesday.

 

The credit facility is intended to finance working capital requirements and covered by a promissory note. The term of the financing runs for four years, it added.

 

No related parties are involved in the transaction.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.