SAL Zones Secures SAR 2.5B Shariah-Compliant Facility from SAB

SAL

SAL

4263.SA

0.00

On August 25, 2026, SAL Saudi Logistics Services Company announced that its subsidiary, SAL Zones Company, has signed a Shariah-compliant credit facility agreement with Saudi Awwal Bank (SAB), with the facility obtained on August 24, 2026. The financing totals SAR 2,500,000,000 over a 15-year term and is secured by a corporate guarantee from SAL Saudi Logistics Services Company along with promissory notes. The proceeds are designated to finance capital and operating expenditures for the development of SAL Logistics Zone projects across the Kingdom of Saudi Arabia.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97768&anCat=1&cs=4263&locale=ar

Important 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.