2P Renews SAR 135 Million Islamic Facility with AlInma Bank
2P 7204.SA | 6.90 | -1.43% |
Prefect presentation for commercial service Co. (2P) announced on January 18, 2026, the renewal of a Sharia-compliant bank facility with Al-Inma Bank valued at 135,000,000 SAR. The financing, secured by promissory notes, will be utilized for new awarded projects including issuing letters of guarantees, letters of credit, and invoice financing. The facility will remain in effect until January 18, 2027, with the agreement signed on the announcement date.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92703&anCat=1&cs=7204&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
