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Element List	Explanation
Introduction	Saudi Paper Manufacturing Company announces the renewal and amendment of a credit facility agreement with Gulf International Bank. The agreement includes the addition of a new medium-term financing amounting to SAR 105 million, in addition to the existing working capital credit facility amounting to SAR 90 million, bringing the total value of the credit facility to SAR 195 million
Date of obtaining the funding	2025-10-01 Corresponding to 1447-04-09
Financing entity	GiB
Financing amount.	195,000,000 Saudi Riyals
Financing duration.	1- Working capital facilities: 12 months, renewable. 2- Medium-term facilities: 54 months, including a 6-month grace period
Guarantees offered for the financing	Promissory note for the value of the credit facility agreement
Financing objective	Supporting the cash liquidity required to cover working capital for operational processes in line with the company's strategy, future plans, and expansion in purchasing raw materials after the commercial operation of the fifth production line, in addition to restructuring medium-term debts to improve the company's cash flows
Related Parties	Nothing

Saudi Paper Manufacturing Company announces the renewal and amendment of a Sharia-compliant credit facility agreement with Gulf International Bank