| Element List | Explanation |
|---|---|
| Description of the Event | Alinma Investment Company (“Fund Manager”) announces that Alinma Retail REIT Fund has signed a credit facilities agreement with Alinma Bank, in compliance with Islamic Sharia, at a value of 750 million Saudi riyals, in exchange for a mortgage of income-generating real estate and a promissory note. It is worth noting that the financing period is 8 years, and the profit margin will be 1.3 + SIBOR 3 months. |
| The Impact Caused by the Event | The credit facilities will be used to finance the acquisition of new assets for the Fund, which are expected to have a positive impact on the Fund. |
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