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Saudi Cable Company announces the signature of a rescheduling agreement with its last commercial lender

Element ListExplanation
Date of Signing the Credit Facility Rescheduling 2020-06-01 Corresponding to 1441-10-09
Financier RAJHI
Reasons for rescheduling Loan overdue unsettled
Credit facility Amount and Rescheduled Amount 264,176,483 SAR
Financing Duration, before and after Rescheduling For SAR 58,300,000 : 2 years with 6 months grace,

For SAR 205,876,483 : 4 years extendable to 5 years if 58,300,000/ are settled within 2 years

Guarantees Provided for the Rescheduled Credit Facility signed Promissory Note
Related Parties -

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price Net Change
19.4 1.1 (+6.01%)
Value Traded (SAR) Volume Traded
128,907,257.52 6,799,874

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