Almunajem inks Financing Agreement worth SR200 mln

Almunajem Foods Company announces the signing of a Sharia-compliant financing agreement with Alrajhi Bank.

Date of obtaining the funding: 2022-06-14 Corresponding to 1443-11-15

Financing entity: Alrajhi Bank

Financing amount: 200,000,000 SR

Financing duration: 12 months

Guarantees offered for the financing: Promissory note

Financing objective: Facility for general working capital requirements

Related Parties: No Related Parties in this agreement.