Farm Superstores renews SAR 100 mln Islamic facility with Al Rajhi
12/10/2017
Argaam
Saudi Marketing Co. (Farm Superstores) said it has renewed a SAR 100 million Islamic credit facility with Al Rajhi Bank.
The loan tenure is from Sept. 30, 2017 to Sept. 30, 2018, the company said in a statement to Tadawul.
The credit facility, which was guaranteed by a promissory note, will be used to finance working capital needs, Farm Superstores said.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
ALRAJHI
63.20
(0.55)
(0.86%)
FARM SUPERSTORES
10.52
(0.02)
(0.19%)
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