| Element List | Explanation |
|---|---|
| Introduction | Al Moammar Information Systems Co. (MIS) announces obtaining Banking Facility in compliant with Islamic Sharia with Riyad Bank as follows: |
| Date of obtaining the funding | 2024-09-10 Corresponding to 1446-03-07 |
| Financing entity | Riyad Bank |
| Financing amount. | SAR 252,000,000 |
| Financing duration. | valid till September 08, 2027 |
| Guarantees offered for the financing | Facility agreement secured by Promissory note to the amount of total facilities limit |
| Financing objective | Invoice Payables, projects financing and issuance of letters of credit & guarantee |
| Related Parties | Not Applicable |
| Additional Information | MIS signed the facility agreement on 12/09/2024 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.