2P renews, ups credit facility deal with ANB at SAR 90M

  • 2P(0.27%)
03/02/2025 Argaam
Logo of Perfect Presentation for Commercial Services Co. (2P)

Logo of Perfect Presentation for Commercial Services Co. (2P)

Perfect Presentation for Commercial Services Co. (2P) announced renewing and increasing a Shariah-compliant credit facility deal with Arab National Bank (ANB).

 

In a statement to Tadawul today, Feb. 3, the company said the SAR 90 million financing is valid until Feb. 2, 2026. It is secured by a promissory note covering the full credit amount.

 

For more news on listed companies

 

The facility will be used to finance newly-awarded projects and issue letters of guarantees, credit and invoice financing.

 

No related parties are involved in the deal, 2P said.

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