Riyadh-Mubasher: Middle East Paper Co. (MEPCO) signed on Tuesday an agreement with Al Rajhi Bank to raise a Shariah-compliant credit facility worth SAR 115 million, the company said in a statement to Tadawul.
The financing period extends from 11 from October 2015 until 11 October 2020.
The loan will be used in financing working capital requirements and capital expenditures, the statement added.
