Abo Moati renews SAR 70 mln credit facility with SAIB

29/04/2018 Argaam

Abdulla Saad Abo Moati For Bookstore Co. has renewed a credit facility agreement with Saudi Investment Bank (SAIB) for a total value of SAR 70 million, the Nomu-listed company said in a bourse statement.

 

The sharia-compliant facility, which will extend to April 30, 2019, was guaranteed by a promissory note.

 

The new facility will finance working capital.

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.