JANA secures SAR 208.7m loan from SIDF

24/03/2012 Argaam

"The Saudi Industrial Development Fund SIDF approved SAR 208.7m credit to Al Jubail Chemical industries company JANA ( Nama affiliated co.) repayable on 14 semiannual installmets " said a stetement on tadawul today.

 

The proceeds to be used to finance the rising costs of  Hasad project previously covered from the proceeds of capital raise in 2008.

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