| Introduction | Middle East Specialized Cables Company (MESC) announces signing an addendum to the credit facilities agreement previously concluded with Al-Inmaa Bank on 05-10-2025. The addendum includes increasing the credit limit of the facilities granted to the Company from SAR 150,000,000 to SAR 250,000,000. |
| Date of obtaining the funding | 2026-04-05 Corresponding to 1447-10-17 |
| Financing entity | Al-Inmaa Bank |
| Financing amount. | The total value of the facilities after signing the addendum is SAR 250,000,000 compared to SAR 150,000,000. |
| Financing duration. | Till 31-08-2028 |
| Guarantees offered for the financing | A promissory Notes valued at 275,000,000 Saudi Riyals. |
| Financing objective | Financing the company working capital and issuance of Bank guarantees. (Performance Bank Guarantee) |
| Related Parties | N/A |
| Additional Information | The addendum dated on 2026-02-17 while the effective date of the facility activation took a place on 2026-04-05 |
