Prefect presentation for commercial services Co. (2P) Announce an Increase &renewal of bank facility in compliant with Islamic sharia with Banque Saudi Fransi. | premargin

Prefect presentation for commercial services Co. (2P) Announce an Increase &renewal of bank facility in compliant with Islamic sharia with Banque Saudi Fransi.

TadawulJanuary 6, 2026View on exchange

Element List	Explanation
Introduction	Prefect presentation for commercial services Co. (2P) Announce an Increase &renewal of bank facility in compliant with Islamic sharia with Banque Saudi Fransi.
Date of obtaining the funding	2026-01-06 Corresponding to 1447-07-17
Financing entity	Banque Saudi Fransi.
Financing amount.	289,192,266 SAR.
Financing duration.	Till 06/ 01/ 2027G.
Guarantees offered for the financing	Facility Agreement secured By Promissory Notes to the amount of total facilities limit.
Financing objective	Short term facility to Be utilized for New Awarded Projects (Issuing Letter of Guarantees, Letter of Credit & Invoice Financing, and sub limit by 83M SAR long term financing
Related Parties	N/A
Additional Information	-2P Signed the Facility agreement on 06/01/2026 -Long term limit utilized to finance new building purchasing announced on 2025/12/04