Announcement by the Saudi Pharmaceutical Industries and Medical Appliances Company regarding the signing of an agreement to renew and increase credit facilities.

AI Summary

Saudi Pharmaceutical Industries and Medical Appliances Company (SPIMACO) renewed and increased its Sharia-compliant credit facilities with the Saudi National Bank (SNB) to a total of SAR 350 million.
The short-term financing limit was increased from the previous amount of SAR 200 million.
The facilities have a duration of nine months and are dedicated to financing the company's working capital requirements.
The agreement is secured by a promissory note provided by the company.

Element List	Explanation
Introduction	The Saudi Pharmaceutical Industries and Medical Appliances Company announce the signing of an agreement to renew and increase Sharia-compliant credit facilities with the Saudi National Bank, amounting to SAR 350 million.
Date of obtaining the funding	2026-06-11 Corresponding to 1447-12-25
Financing entity	Saudi National Bank SNB
Financing amount.	The short-term financing limit has been increased from SAR 200 million previously to SAR 350 million.
Financing duration.	Short-term facilities for nine months to finance working capital.
Guarantees offered for the financing	Promissory note.
Financing objective	The purpose of financing working capital requirements.
Related Parties	No more.
Additional Information	No more.