Farm Superstores signs SAR 225 mln credit deal with NCB

22/06/2015 Argaam

Saudi Marketing Co, also known as Farm Superstores, signed on Monday a SAR 225 million credit facility contract with the National Commercial Bank to shore up its capital and fund the openings of new stores, the company said in a statement to Tadawul.

 

The credit, which runs from April 20, 2015 to March 31, 2016, was taken against promissory notes. 

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