Almoosa said the seven-year facility was signed on July 14 and is secured by a promissory note
Almoosa Health Co. signed a Shariah-compliant credit facility agreement worth SAR 500 million with Banque Saudi Fransi (BSF), the company said in a Tadawul filing. 
The seven-year facility was signed on July 14 and is secured by a promissory note, Almoosa said.
The proceeds will be used to finance previously disclosed capital projects and expansion plans and are not related to any undisclosed projects, investments, or expansion initiatives.
Almoosa said Chairman Abdulatif Al Othman is considered a related party because he serves on BSF’s board of directors.
Almoosa said the seven-year facility was signed on July 14 and is secured by a promissory note
Almoosa Health Co. signed a Shariah-compliant credit facility agreement worth SAR 500 million with Banque Saudi Fransi (BSF), the company said in a Tadawul filing.
The seven-year facility was signed on July 14 and is secured by a promissory note, Almoosa said.
The proceeds will be used to finance previously disclosed capital projects and expansion plans and are not related to any undisclosed projects, investments, or expansion initiatives.
Almoosa said Chairman Abdulatif Al Othman is considered a related party because he serves on BSF’s board of directors.
