BRIEF-Arabian Centres Unit Signs Upsized Shariah-Compliant Financing Facility With Riyad Bank

CENOMI CENTERS

CENOMI CENTERS

4321.SA

0.00

July 16 (Reuters) - ARABIAN CENTRES COMPANY 4321.SE:

  • WESTFIELD RIYADH PROJECT COMPANY SIGNS UPSIZED SHARIAH-COMPLIANT FINANCING FACILITY WITH RIYAD BANK

  • EXISTING SAR 1.0 BILLION PROJECT-RELATED FACILITIES WERE UPSIZED BY SAR 1.7 BILLION

  • TOTAL POTENTIAL FACILITY SIZE UP TO SAR 2.9 BILLION

  • FINANCING DURATION 9.5 YEARS

  • FINANCING TO FUND PROJECT’S REMAINING CONSTRUCTION COSTS

Source text: ID:nSSE8rlh85

Further company coverage: 4321.SE


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