2P Prefect Presentation increases, renews SAR 150m facility deal with Bank Aljazira

0.00%

-1.39%

BJAZ

1020.SA

16.70

0.00%

7204.SA

12.74

-1.39%

Riyadh – Mubasher: Prefect Presentation for Commercial Services Company (2P Prefect Presentation) raised and renewed a facility agreement valued at SAR 150 million with Bank Aljazira.

The loan is valid from April 2025 till 22 January 2026, according to a bourse disclosure.

2P Prefect Presentation will utilize the loan for new awarded projects, issuing letters of guarantees, letters of credit and invoice financing.

Meanwhile, the financing deal is secured by a promissory note.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.