Alujain Corp. — Capital/Financing Update 2021

Aug 17, 2021

Alujain Holding Corp. Announces Obtaining a Islamic Murabaha Facilities

2170 · 17/08/2021 08:05:11 · Announcement #64574 · View on Saudi Exchange

Alujain Holding Corp. Announces Obtaining a Islamic Murabaha Facilities

Element List	Explanation
Introduction	Alujain Holding Corp. is pleased to announce to its shareholders the signing of an Islamic Murabaha facilities agreement
Date of obtaining the funding	2021-08-16 Corresponding to 1443-01-08
Financing entity	Alinma Bank
Financing amount.	One Billion Saudi Riyals
Financing duration.	8 years
Guarantees offered for the financing	Mortgage of shares owned by Alujain Holding Corp.
Financing objective	Purchase of additional shares in National Petrochemical Industrial Company (NATPET)
Related Parties	There are no related parties

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