Halwani obtains SAR 150 mln credit from BSF

04/02/2019 Argaam

 

Halwani Bros Co. has obtained a SAR 150 million Shariah compliant credit from the Banque Saudi Fransi (BSF), the company said in a bourse statement.

 

The amount is covered by a promissory note and will go towards restructuring financing sources, the statement added.

 

The credit period starts from Feb. 4, 2019 until June 30, 2023.

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