‎2P increases SAR 376.2M credit facility with BSF

‎2P increases SAR 376.2M credit facility with BSF ‎2P increases SAR 376.2M credit facility with BSF

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Logo of Perfect Presentation for Commercial Services Co. (2P)

Perfect Presentation for Commercial Services Co. (2P) renewed and increased a Shariah-compliant banking facility with Banque Saudi Fransi (BSF) to SAR 376.19 million today, Sept. 20.

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The company said in a statement to Tadawul that the facility is secured by a promissory note for the same amount.

The financing will run until Sept. 20, 2027, the company said, adding that there are no related parties to the deal.

The facility will be used to finance new project contracts and issue letters of credit and bank guarantees.

 

Logo of Perfect Presentation for Commercial Services Co. (2P)

Perfect Presentation for Commercial Services Co. (2P) renewed and increased a Shariah-compliant banking facility with Banque Saudi Fransi (BSF) to SAR 376.19 million today, Sept. 20.

The company said in a statement to Tadawul that the facility is secured by a promissory note for the same amount.

The financing will run until Sept. 20, 2027, the company said, adding that there are no related parties to the deal.

The facility will be used to finance new project contracts and issue letters of credit and bank guarantees.

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