Riyadh – Mubasher: Almujtama Alraida Medical Company penned a credit facility agreement worth SAR 45 million with Alinma Bank on 5 January 2025, according to a bourse disclosure.
The company will use the loan to finance working capital requirements and capital expenditures, according to a bourse filing.
The facility deal is secured by a promissory note and vailed for three years.
The loan includes a SAR 35 million revolving facility to purchase goods and a SAR10 million revolving facility for capital expenditure.
