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BRIEF-Abdulmohsen Al Hokair Group announces signing of new Islamic credit facilities agreement
May 1, 2017 / 12:31 PM / 7 months ago

BRIEF-Abdulmohsen Al Hokair Group announces signing of new Islamic credit facilities agreement

May 1 (Reuters) - Abdulmohsen Al Hokair Group for Tourism and Development Co

* Announces signing of new Islamic credit facilities agreement of 180 million riyals with Al Rajhi Bank

* Purpose of loan is to fund expansion projects of company

* Credit facilities are comprised of term loans and will mature over maximum tenor of 8 years including grace period of 2 years

* Facilities are secured by promissory note from company Source text for Eikon: Further company coverage:

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