Tanmiah Food Company Secures New Long-Term Credit Facility

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Tanmiah Food Company announced that it has secured a new Long-term credit facility amounting to SAR 450 million from Banque Saudi Fransi to support its ongoing strategic expansion plans. Date of obtaining the funding: December 19, 2023 . Financing entity: Banque Saudi Fransi, Financing amount: SAR 450 million.Financing duration: 7 years from . Guarantees offered for the financing: Promissory note. Financing objective: To support strategic expansion plans.

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