Saudi Paper Manufacturing Company announces early repayment of all outstanding medium-term loan dues with Arab Banking Corporation (ABC) Bank | premargin

Saudi Paper Manufacturing Company announces early repayment of all outstanding medium-term loan dues with Arab Banking Corporation (ABC) Bank

TadawulNovember 27, 2025View on exchange

Element List	Explanation
Announcement Detail	The Saudi Paper Manufacturing Company announces that it has made an early repayment of the full outstanding dues of the medium-term loan provided by Arab Banking Corporation (ABC) Bank (Bahrain), on November 26, 2025, for a total amount of 16,253,125 euros (equivalent to 70,326,134 Saudi riyals according to the exchange rate on the date of repayment). The repayment was made through financing obtained from Gulf International Bank on terms favorable to the company, as part of the company’s plan to restructure its financial obligations in a way that improves cash flow, reduces future financing burdens, and enhances the company’s flexibility in managing its obligations. This measure reflects the company’s strong solvency and liquidity, and its commitment to managing its financing structure more efficiently.

Element List

Explanation

Announcement Detail

The Saudi Paper Manufacturing Company announces that it has made an early repayment of the full outstanding dues of the medium-term loan provided by Arab Banking Corporation (ABC) Bank (Bahrain), on November 26, 2025, for a total amount of 16,253,125 euros (equivalent to 70,326,134 Saudi riyals according to the exchange rate on the date of repayment).

The repayment was made through financing obtained from Gulf International Bank on terms favorable to the company, as part of the company’s plan to restructure its financial obligations in a way that improves cash flow, reduces future financing burdens, and enhances the company’s flexibility in managing its obligations.

This measure reflects the company’s strong solvency and liquidity, and its commitment to managing its financing structure more efficiently.