Mubasher TV
Contact Us Advertising   العربية

Scientific & Medical Equipment obtains SAR 265m loan from Alinma Bank

Scientific & Medical Equipment obtains SAR 265m loan from Alinma Bank
Photo Archive
EQUIPMENT HOUSE
4014
-5.59% 36.48 -2.16
ALINMA
1150
-4.50% 25.48 -1.20

Riyadh – Mubasher: Scientific & Medical Equipment House Company secured a Shariah-aligned credit facility agreement valued at SAR 265 million with Alinma Bank on 8 April 2025.

The company will use the loan to finance current and future projects, in addition to issuing bank guarantees and letters of credits, according to a bourse disclosure.

The financing deal, which is valid until 30 November 2027, is secured by contract proceeds and promissory notes.