Basic Chemical Industries Co. — Capital/Financing Update 2018

May 29, 2018

Corrective announcement from the Basic Chemical Industries Company (BCI) regarding the signing of an agreement of increasing and amending the credit facilities granted by ANB

1210 · 29/05/2018 08:03:11 · Announcement #51084 · View on Saudi Exchange

Corrective announcement from the Basic Chemical Industries Company (BCI) regarding the signing of an agreement of increasing and amending the credit facilities granted by ANB

Corrective announcement from the Basic Chemical Industries Company (BCI) regarding the signing of an agreement of increasing and amending the credit facilities which was granted by Arab National Bank (ANB) to the Company in accordance with the Islamic Sharia regulations, as announced on the Tadawul website on Sunday 27 May 2018. The announcement included a mistake in the English translation in terms of the credit facilities funding entity which stated as National Chemical Industries Company (BSC) however the correct one should be Arab National Bank (ANB).

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