Publisher: Maaal International Media Company
License: 465734
Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO ADDWAIEH) announces the signing of a 220 million SAR credit facility Agreement (Sharia compliant) with Al-Inma Bank.
The total value of the credit facilities is 220 Million SAR following:
– Short-term facility is (20 Million SAR).
– Med-term facility is (200 Million SAR).
The financing duration for the short-term facilities is one year, and for the mid-term facilities it is 5 years.