Saudi Top gets SAR 21M Tawarruq facility from Bank AlJazira

07/05/2025 Argaam
Saudi TopforTrading Co. headquarters

Saudi Top for Trading Co. headquarters

Saudi Top for Trading Co. obtained a long-term Tawarruq facility worth SAR 21 million from Bank AlJazira  on May 6, according to a statement to Tadawul.

 

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It added that the five-year facility will be used to fund the construction of the company's West Coast plant.

 

The facility is guaranteed by a real estate mortgage valued at SAR 10 million, a promissory note covering the value of the facilities, and a Kafalah program.

 

There are no related parties to the deal, the statement added.

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