Tadweeer Secures SAR 60M Shariah-Compliant Facility

TADWEEER

TADWEEER

9540.SA

0.00

On June 22, 2026, National Environmental Recycling Co. ("Tadweeer") announced it has obtained a Shariah-compliant credit facility agreement with Saudi National Bank for 60,000,000 Saudi Riyals. The 12-month facility, secured by a promissory note and obtained on June 21, 2026, aims to reduce high-cost financing facilities and provide working capital needs. The company will announce any major developments related to financing facilities in accordance with relevant regulations.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96276&anCat=1&cs=9540&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.