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Abo Moati inks SAR 35 mln credit facility with Bank Albilad
14/03/2022
Argaam
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Logo of Abdullah Saad Mohammed Abo Moati for Bookstores Co.
Abdullah Saad Mohammed Abo Moati for Bookstores Co. signed a Shariah-compliant credit facility agreement worth SAR 35 million with Bank Albilad, according to a bourse filing.
The financing duration is nine months, the company said, adding that the facility is guaranteed by a promissory note.
The deal aims to finance the working capital. There are no related parties.
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Market Indices
TASI
11,251.81
84.27
0.75 %
Quotes
ALBILAD
27.26
0.42
1.56%
ABO MOATI
43.56
(1.24)
(2.77%)
Call Request
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