On February 26, 2026, The Saudi Paper Manufacturing Company announced an amendment to its Sharia-compliant credit facility agreement with Saudi First Bank (SAB), adding a new medium-term financing facility of SAR 70 million to existing working capital facilities of SAR 100 million, bringing total credit facilities to SAR 170 million. The financing structure includes working capital facilities with 12-month renewable terms and medium-term facilities with 48-month duration including a 3-month grace period. The financing is secured by a promissory note and aims to restructure medium-term debt to improve cash flow, strengthen the company's financial position, and reduce financing costs.

Original announcement:

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