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Clean Life signs SAR 7M credit facility with Al Rajhi Bank
11/11/2024
Argaam
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Logo of Clean Life Co.
Clean Life Co. signed a Shariah-compliant credit facility agreement with Al Rajhi Bank for SAR 7 million, according to a statement to Tadawul.
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The seven-year contract is secured by promissory notes and a land collateral.
The funds will go towards designing and constructing a residential building for Clean Life’s employees in Riyadh, the statement pointed out, adding that there are no related parties to the deal.
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Market Indices
NOMU
23,643.74
157.22
0.67 %
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CLEAN LIFE
95.20
(4.80)
(4.80%)
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