ROSHN signs SAR 2B credit facility deal with SNB

The signing of the agreement

ROSHN Group, a subsidiary of the Public Investment Fund (PIF), signed a SAR 2 billion Shariah-compliant credit facility agreement with Saudi National Bank (SNB).

The seven-year agreement aims to finance the acquisition of the ROSHN Front, state-run Saudi Press Agency (SPA) reported, citing ROSHN statement.

The strategic move strengthens the group’s growth, while boosting the retail and commercial segments within the ROSHN Front, enriching the experience of both tenants and visitors, the company said.