2P ups credit facility deal with ANB by SAR 135M

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

Perfect Presentation for Commercial Services Co. (2P) increased a Shariah-compliant credit facility deal with Arab National Bank (ANB) by SAR 135 million, according to a Tadawul statement today, Aug. 20.

 

The financing, extending until Aug. 20, 2026, is secured by promissory notes to the total facility amount.

 

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The financing will be utilized for newly-awarded projects. It will also be used to issue letters of guarantees as well as letters of credit and invoice financing, the statement added.

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