Logo ofAtaa Educational Co.
Ataa Educational Co. renewed its Shariah-compliant credit facility agreement with Banque Saudi Fransi (BSF) for SAR 189.36 million, according to a Tadawul statement. 
The 10-year loan, secured today, Jan. 7, is guaranteed by a promissory note and real estate guarantees.
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The facility aims to fund on-demand financing for the purpose of acquiring and building educational complexes and financing working capital, the statement said.
Logo ofAtaa Educational Co.
Ataa Educational Co. renewed its Shariah-compliant credit facility agreement with Banque Saudi Fransi (BSF) for SAR 189.36 million, according to a Tadawul statement.
The 10-year loan, secured today, Jan. 7, is guaranteed by a promissory note and real estate guarantees.
For more news on listed companies
The facility aims to fund on-demand financing for the purpose of acquiring and building educational complexes and financing working capital, the statement said.
