| Introduction |
Tam Development Company Announces the Signing of Sharia Compliant Banking Facilities Agreement |
| Date of obtaining the funding |
2023-09-20 Corresponding to 1445-03-05 |
| Financing entity |
Saudi Awwal Bank |
| Financing amount. |
25,000,000 SAR |
| Financing duration. |
12 Months |
| Guarantees offered for the financing |
Promissory note to the amount of total facilities limit |
| Financing objective |
Short-term Finance facility (if needed) and bank guarantees facilities |
| Related Parties |
Not Applicable |
| Additional Information |
The agreement is dated September 6, 2023, but the signatures on the agreement were not completed until September 20, 2023. |
