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    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

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    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

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    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

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    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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‎Saudi Paper signs SAR 150M credit facilities deal with Emirates NBD.

July 3, 2024
in Business
‎Saudi Paper signs SAR 150M credit facilities deal with Emirates NBD.
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Saudi Paper signs SAR 150M credit facilities deal with Emirates NBD

Logo of Saudi Paper Manufacturing Co.

Saudi Paper Manufacturing Co. signed today, July 3, a Shariah-compliant credit facilities agreement worth SAR 150 million with Emirates NBD.

In a statement to Tadawul, Saudi Paper said the one-year financing was obtained today, subject to a renewable annual term.

For more news on listed companies

These facilities aim to support cash liquidity to cover working capital for operations. The funding aligns with its strategy, future plans, and expansions in purchasing raw materials for its new production lines and subsidiaries, including the fifth production line, the statement added.

The agreement was secured at preferential and competitive profit margin rates. The company provided a promissory note for the full value of the credit facility as collateral.

There are no related parties to the deal, it noted.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1738613

Tags: business‎PaperSaudi
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