Farm Superstores signs SAR 100 mln facility

27/03/2018 Argaam

 

Saudi Marketing Co. (Farm Superstores) has inked a SAR 100 million loan facility with Banque Saudi Fransi (BSF), the company said in a bourse filing.

 

The loan tenure extends from March 21, 2018 to June 29, 2018.

 

The loan facility, covered by a promissory note, will go for paying the capital expenses pertaining to opening new stores.

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