2P

02 May, 2024 15:40

Prefect presentation for commercial service (2P) announce signed new bank facility in compliant with Islamic sharia with Banque Saudi Fransi

Element ListExplanation
Introduction Prefect presentation for commercial service (2P) announce signed new bank facility in compliant with Islamic sharia with Banque Saudi Fransi
Date of obtaining the funding 2024-05-02 Corresponding to 1445-10-23
Financing entity Banque Saudi Fransi
Financing amount. 149,000,000 SAR
Financing duration. Till 31 / 12 / 2024
Guarantees offered for the financing Facility Agreement secured By Promissory Notes to the amount of total facilities limit
Financing objective To Be utilized for New Awarded Projects ( Issuing Letter of Guarantees , Letter of Credit & Invoice Financing
Related Parties N/A
Additional Information 2P Signed the Facility agreement on 02/05/2024

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