Astra Industries secures SAR 877.5 mln Islamic finance

06/08/2014 Argaam

Astra Industries signed today six-year Shariah-compliant credit facilities with a total value of SAR 877.5 million with Saudi British Bank (SABB).
 

The finance is collateralized by a promissory note besides ordinary guarantees, and will be used in covering capital spending, the company said in a filing on Tadawul.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read