The Saudi Paper Manufacturing Company announces the signing of a Sharia-compliant credit facility agreement with Kuwait Finance House (Bahrain)

Element List	Explanation
Introduction	The Saudi Paper Manufacturing Company announces the signing of a credit facilities agreement with Kuwait Finance House (Bahrain), which includes facilities allocated to finance working capital and medium-term facilities amounting to US$40 million
Date of obtaining the funding	2026-01-19 Corresponding to 1447-07-30
Financing entity	Kuwait Finance House (Bahrain)
Financing amount.	40,000,000 US dollars
Financing duration.	- Working capital facilities: 12 months, renewable

- Medium-term facilities: 48 months, including a 6-month grace period Guarantees offered for the financing A promissory note for the value of the credit facility agreement Financing objective Supporting the cash liquidity required to cover working capital for operational activities in line with the company’s strategy, future plans and expansions in purchasing raw materials, in addition to restructuring medium-term debts to improve the company’s cash flows Related Parties Nothing Additional Information The Saudi Paper Manufacturing Company signed a banking facilities agreement with Kuwait Finance House (Bahrain) at preferential and competitive rates with regard to profit margins

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