Cherry Trading Co. — Capital/Financing Update 2025

Dec 21, 2025

Cherry Trading Company announces the signing of a sharia- compliant credit facility agreement with Alinma Bank

4265 · 21/12/2025 15:35:45 · Announcement #92155 · View on Saudi Exchange

Cherry Trading Company announces the signing of a sharia- compliant credit facility agreement with Alinma Bank

Element List	Explanation
Introduction	Cherry Trading Company announces the signing of a sharia- compliant credit facility agreement with Alinma Bank
Date of obtaining the funding	2025-12-21 Corresponding to 1447-07-01
Financing entity	Alinma Bank
Financing amount.	250,000,000 Saudi Riyals
Financing duration.	Three years
Guarantees offered for the financing	Promissory note from the company + Assignment of proceeds
Financing objective	The loan will be utilized to purchase vehicles for long-term lease customers
Related Parties	N/A
Additional Information	The agreement was signed on Sunday,21 December 2025.

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