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Elm Co. — Capital/Financing Update 2025
Sep 22, 2025
53487_rns_2025-09-22_949f9b33-05ef-4cf1-951a-6a8d9fe66600.html
Capital/Financing Update
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Elm Company announces the renewal of a bank facilities agreement complaint with Islamic Sharia
7203 · 22/09/2025 15:41:38 · Announcement #90306 · View on Saudi Exchange
Elm Company announces the renewal of a bank facilities agreement complaint with Islamic Sharia
| Element List | Explanation |
|---|---|
| Introduction | Elm Company announces the renewal of a bank facilities agreement, complaint with Islamic Sharia with Alrajhi Bank. |
| Date of obtaining the funding | 2025-09-22 Corresponding to 1447-03-30 |
| Financing entity | Alrajhi Bank |
| Financing amount. | SAR 500,000,000 |
| Financing duration. | 12 months |
| Guarantees offered for the financing | Promissory note to the amount of total facilities limit |
| Financing objective | Financing the working capital (if needed) and bank guarantees facilities |
| Related Parties | Not Applicable |
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