2P renews SAR 70.2 mln credit facility with SNB

  • 2P(0.43%)
08/08/2023 Argaam
Logo ofPerfect Presentation for Commercial Services Co. (2P)

Logo of Perfect Presentation for Commercial Services Co. (2P)

Perfect Presentation for Commercial Services Co. (2P) renewed today, Aug. 8, a Shariah-compliant bank facilities agreement worth nearly SAR 70.2 million with Saudi National Bank (SNB), according to a filing on Tadawul.

 

The credit is valid until Aug. 8, 2024, with the facilities covered by a promissory note in the full amount of the credit limit. 

 

The financing will go towards funding new projects and issuance of letters of credit and guarantee, the company noted. 

 

There are no related parties to the deal. 

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.