2P Prefect Presentation increases, renews SAR 150m facility deal with Bank Aljazira

Riyadh – Mubasher: Prefect Presentation for Commercial Services Company (2P Prefect Presentation) raised and renewed a facility agreement valued at SAR 150 million with  Bank Aljazira.

The loan is valid from April 2025 till 22 January 2026, according to a bourse disclosure.

2P Prefect Presentation will utilize the loan for new awarded projects, issuing letters of guarantees, letters of credit and invoice financing.

Meanwhile, the financing deal is secured by a promissory note.

Mubasher Contribution Time: 07-Apr-2025 14:10 (GMT)
Mubasher Last Update Time: 07-Apr-2025 14:10 (GMT)