Al Moammar Information Systems Co. — Capital/Financing Update 2021

Jun 13, 2021

Al Moammar Information Systems Co.( MIS) Announces renewal and amendment of Bank Facility in compliance with Islamic Sharia

7200 · 13/06/2021 16:37:29 · Announcement #63752 · View on Saudi Exchange

Al Moammar Information Systems Co.( MIS) Announces renewal and amendment of Bank Facility in compliance with Islamic Sharia

Element List	Explanation
Introduction	Al Moammar Information Systems Co. ( MIS) Announces renewal and amendment of bank facilitiy in compliant with sharia Islamic with Banque Saudi Fransi as follow:
Date of obtaining the funding	2021-06-13 Corresponding to 1442-11-03
Financing entity	Banque Saudi Fransi
Financing amount.	SAR 332,453,394
Financing duration.	valid till 30/06/2022
Guarantees offered for the financing	Promissory note provided by the company in favor of Banque Saudi Fransi
Financing objective	Financing project contracts and issuing letters of initial, final, and submitted guarantees.
Related Parties	No related parties
Additional Information	MIS signed the facility agreement on 13/06/2021.

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