‎Saudi Paper pays off SAR 70.3M loan from Bank ABC

‎Saudi Paper pays off SAR 70.3M loan from Bank ABC ‎Saudi Paper pays off SAR 70.3M loan from Bank ABC

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Saudi Paper Manufacturing Co. (SPM) said the loan repayment was made through financing obtained from Gulf International Bank (GIB)

Saudi Paper Manufacturing Co. (SPM) made an early repayment of the full outstanding dues of the medium-term loan provided by Arab Banking Corporation (Bank ABC) Bahrain, on Nov. 26, 2025, for a total amount of EUR 16.25 million, equivalent to SAR 70.32 million according to the exchange rate on the date of repayment.

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In a statement to Tadawul, the company said the repayment was made through financing obtained from Gulf International Bank (GIB) on terms favorable to the company, as part of the company’s plan to restructure its financial obligations in a way that improves cash flow, reduces future financing burdens, and enhances the company’s flexibility in managing its obligations.

This measure reflects the company’s strong solvency and liquidity, and its commitment to managing its financing structure more efficiently, the statement added.

 

Saudi Paper Manufacturing Co. (SPM) said the loan repayment was made through financing obtained from Gulf International Bank (GIB)

Saudi Paper Manufacturing Co. (SPM) made an early repayment of the full outstanding dues of the medium-term loan provided by Arab Banking Corporation (Bank ABC) Bahrain, on Nov. 26, 2025, for a total amount of EUR 16.25 million, equivalent to SAR 70.32 million according to the exchange rate on the date of repayment.

In a statement to Tadawul, the company said the repayment was made through financing obtained from Gulf International Bank (GIB) on terms favorable to the company, as part of the company’s plan to restructure its financial obligations in a way that improves cash flow, reduces future financing burdens, and enhances the company’s flexibility in managing its obligations.

This measure reflects the company’s strong solvency and liquidity, and its commitment to managing its financing structure more efficiently, the statement added.

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