Elm Co. — Capital/Financing Update 2025

Apr 3, 2025

Elm Company announces the signing of Shariah compliant banking facilities agreement

7203 · 03/04/2025 07:51:43 · Announcement #86275 · View on Saudi Exchange

Elm Company announces the signing of Shariah compliant banking facilities agreement

Element List	Explanation
Introduction	Elm Company announces the signing of Shariah compliant banking facilities agreement
Date of obtaining the funding	2025-03-27 Corresponding to 1446-09-27
Financing entity	Saudi National Bank
Financing amount.	SAR 1,900,000,000
Financing duration.	5 Years
Guarantees offered for the financing	Promissory note to the amount of total facilities limit
Financing objective	Financing corporate expansion and acquisitions
Related Parties	Saudi National Bank
Additional Information	N/A

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