‎Emaar EC signs binding amendment, restructuring agreement with PIF

‎Emaar EC signs binding amendment, restructuring agreement with PIF ‎Emaar EC signs binding amendment, restructuring agreement with PIF

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Logo ofEmaar The Economic City’s (Emaar EC)

Emaar The Economic City’s (Emaar EC)signed on March 18 a binding amendment and restructuring agreement for the existing shareholder loan agreement with the Public Investment Fund (PIF), in order to provide a loan of up to SAR 1 billion.

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According to a statement to Tadawul, Emaar EC pointed out that the agreement was made through the modification and restructuring of the existing shareholder loan agreement with the PIF, which pertains to the previous loan of SAR 1 billion that was fully utilized, signed on Feb. 19, 2023.

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Logo ofEmaar The Economic City’s (Emaar EC)

Emaar The Economic City’s (Emaar EC)signed on March 18 a binding amendment and restructuring agreement for the existing shareholder loan agreement with the Public Investment Fund (PIF), in order to provide a loan of up to SAR 1 billion.

According to a statement to Tadawul, Emaar EC pointed out that the agreement was made through the modification and restructuring of the existing shareholder loan agreement with the PIF, which pertains to the previous loan of SAR 1 billion that was fully utilized, signed on Feb. 19, 2023.

For more news on listed companies

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