MEPI Renews SAR 50M Shariah Credit Facility With Alinma

AVALON PHARMA

AVALON PHARMA

4016.SA

0.00

On August 20, 2026, Middle East Pharmaceutical Industries Co announced the renewal of a Shariah-compliant credit facility agreement with Alinma Bank, effective August 19, 2026. The facility amounts to SAR 50,000,000 and has a duration of one Gregorian year. The financing is secured by a promissory note of equal value and is intended to support the company's working capital and asset financing needs.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97707&anCat=1&cs=4016&locale=ar

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