Saudi Paper repays SAR 70.3M loan to Bank ABC

SPM says loan repaid to Bank ABC via financing from Gulf International Bank

Saudi Paper Manufacturing Co. (SPM) made an early repayment of the full outstanding dues of the medium-term loan provided by Arab Banking Corporation (Bank ABC) Bahrain.

SPM repaid EUR 16.3 million, or SAR 70.32 million according to the exchange rate on Nov. 26, 2025, the Saudi-listed firm said in a statement to Tadawul.

The repayment was made through financing obtained from Gulf International Bank (GIB) on terms favorable to the company, as part of the company’s plan to restructure its financial obligations to improve cash flow, reduce future financing burdens, and enhance the company’s flexibility in managing its obligations.

This measure reflects the company’s strong solvency and liquidity, and its commitment to managing its financing structure more efficiently, the statement added.