Sinad Holding Secures SAR 300 Million Shariah-Compliant Facility
SINAD HOLDING 4080.SA | 0.00 |
On June 11, 2026, Sinad Holding Company announced the signing of a long-term Shariah-compliant banking facilities agreement with Alinma Bank for SAR 300 million. The financing agreement runs from June 11, 2026, through January 31, 2029, with potential renewal upon mutual agreement. The facility is secured by a promissory note and share pledge, and will be used to finance the company's general investments.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96037&anCat=1&cs=4080&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.
