Saudi Marketing Co. (Farm Superstores) on Thursday renewed its SAR 151.3 million bank facilities agreement with Gulf International Bank (GIB), the company said in a bourse statement.

 

The funding period starts from Nov. 4, 2018 until Nov. 3, 2019.

The credit is secured by a promissory note by Farm Superstores.


The amount will go towards financing capital expenditure requirements of new branches as well as the company’s working capital needs.


No related parties are involved on the deal, the statements added.

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.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request