Herfy signs SAR150m credit facility deal with Al Rajhi

Riyadh – Mubasher: Herfy Food Services Company announced Wednesday it signed a credit facility agreement with Al Rajhi Bank.

The SAR 150 million financing, to be received over four years, will go for the company’s expansions, Herfy said in a bourse filing.

Herfy’s GM For Investment Khaled A. Al-Said told Mubasher earlier that his company would open more than 30 branches this year as part of expansions in Qatar and Oman.

Mubasher Contribution Time: 06-Apr-2016 13:13 (GMT)
Mubasher Last Update Time: 06-Apr-2016 14:51 (GMT)