Kuwait – Mubasher: Agility Public Warehousing Company said Monday it concluded an unsecured credit facilities agreement with a number of GCC and foreign banks.
The facilities have a three-year tenure with two additional years.
The logistics company, which is listed on Kuwait and Dubai, added that the facilities value would not exceed $235 million and have not been used fully or partially so far.
Agility also noted that the loans would go for financing future projects.