| Introduction |
Hedab Alkhaleej Trading Co. announces the annual renewal of its Shariah-compliant banking facilities agreement with Alinma Bank, as detailed below: |
| Date of obtaining the funding |
2026-08-17 Corresponding to 1448-03-04 |
| Financing entity |
Alinma Bank |
| Financing amount. |
60,000,000 Saudi Riyals |
| Financing duration. |
Ending on 31 May 2028G |
| Guarantees offered for the financing |
The financing is secured by promissory notes totaling SAR 66 million. |
| Financing objective |
To finance working capital and issue letters of credit. |
| Related Parties |
Not applicable |
| Additional Information |
The credit facilities agreement documents are dated 10/08/2026G and were signed on 17/08/2026G. |
Comments