‎2P renews SAR 150M bank facilities with Bank AlJazira

‎2P renews SAR 150M bank facilities with Bank AlJazira ‎2P renews SAR 150M bank facilities with Bank AlJazira

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A 2P pavillion at an exhibition

Perfect Presentation for Commercial Services Co. (2P) increased and renewed a Shariah-compliant bank facilities agreement worth SAR 150 million with Bank AlJazira.

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In a statement to Tadawul, the company said that the deal was concluded and signed on April 6, 2025, and will remain valid until Jan. 22, 2026.

The amount will be utilized for newly awarded projects (issuing letters of guarantee, letters of credit and invoice financing), the statement added.

The facility agreement is secured by promissory notes to the amount of total facilities, 2P noted, indicating that no related parties are part of the deal.

 

A 2P pavillion at an exhibition

Perfect Presentation for Commercial Services Co. (2P) increased and renewed a Shariah-compliant bank facilities agreement worth SAR 150 million with Bank AlJazira.

For more news on listed companies

In a statement to Tadawul, the company said that the deal was concluded and signed on April 6, 2025, and will remain valid until Jan. 22, 2026.

The amount will be utilized for newly awarded projects (issuing letters of guarantee, letters of credit and invoice financing), the statement added.

The facility agreement is secured by promissory notes to the amount of total facilities, 2P noted, indicating that no related parties are part of the deal.

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