Riyadh – Mubasher: Tihama Advertising and Public Relations Company on Sunday signed a credit facility agreement of SAR 20 million with Samba Financial Group.
The two-year loan is guaranteed by a pledge of a banking deposit at Samba, according to a stock exchange filing.
The company will use the loan to restructure its financial commitments, provide non-cash facilities, and reduce financial costs during the upcoming periods.
