| Element List | Explanation |
|---|---|
| Introduction | The Saudi Paper Manufacturing Company announces an amendment to its credit facility agreement with Saudi First Bank. The agreement includes the addition of a new medium-term financing facility of SAR 70 million, in addition to existing working capital facilities of SAR 100 million, bringing the total value of the credit facilities to SAR 170 million |
| Date of obtaining the funding | 2026-02-26 Corresponding to 1447-09-09 |
| Financing entity | Saudi First Bank (SAB) |
| Financing amount. | 170,000,000 Saudi Riyals |
| Financing duration. | 1. Working Capital Facilities: 12 months, renewable 2. Medium-Term Facilities: 48 months, including a 3-month grace period |
| Guarantees offered for the financing | A promissory note for the value of the credit facility agreement |
| Financing objective | Restructuring medium-term debt to improve the company's cash flow, strengthen its financial position, and reduce financing costs |
| Related Parties | Nothing |