Logo ofSHL Finance Co.
SHL Finance Co. signed today, Sept. 10, a Shariah-compliant banking facilities worth SAR 300 million with Al Rajhi Bank. 
The facilities run for five years, the company said in a filing to Tadawul, adding that they are secured by a promissory note and receivables.
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It said the financing will help expand its business and boost sales through new loans granted to customers, in line with its strategy and future plans.
The company confirmed the agreement is a routine transaction conducted in the normal course of business, under prevailing commercial terms and without preferential conditions.
Logo ofSHL Finance Co.
SHL Finance Co. signed today, Sept. 10, a Shariah-compliant banking facilities worth SAR 300 million with Al Rajhi Bank.
The facilities run for five years, the company said in a filing to Tadawul, adding that they are secured by a promissory note and receivables.
For more news on listed companies
It said the financing will help expand its business and boost sales through new loans granted to customers, in line with its strategy and future plans.
The company confirmed the agreement is a routine transaction conducted in the normal course of business, under prevailing commercial terms and without preferential conditions.
