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Kingdom Holding Co. — Capital/Financing Update 2012
Nov 17, 2012
53428_rns_2012-11-17_95203b30-545e-4b15-b58c-494cd797e6d3.html
Capital/Financing Update
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Kingdom Holding Acquires Four Seasons Toronto, Canada
4280 · 17/11/2012 08:29:33 · Announcement #27670 · View on Saudi Exchange
Kingdom Holding Acquires Four Seasons Toronto, Canada
Kingdom Holding Announces on Saturday November 17th 2012 the completion of the purchase of Four Seasons Toronto, Canada for $200 million. This Transaction was funded by a mortgage loan in an amount of $130 million and $70 million from the company's own resources. The Four Seasons Hotel Toronto offers 259 spacious luxury hotel guest rooms, including 42 suites, in Toronto's Yorkville area.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.