MEAHCO, Samba sign SAR 200 Murabha deal

Riyadh-Mubasher: Middle East Healthcare Company (MEAHCO) signed Islamic credit facility (Murabha) deal worth SAR 200 million with Samba Financial Group on Sunday.

The loan will be used to finance MEAHCO’s working capital, according to a bourse statement.

The loan period is from 24 July 2016 to 1 January 2017.

“The repayment is over eight quarterly installments starting from three months after disbursal,” the statement highlighted.

Mubasher Contribution Time: 24-Jul-2016 15:58 (GMT)
Mubasher Last Update Time: 24-Jul-2016 15:58 (GMT)