BRIEF-Modern Mills Obtains A Murabaha Financing Agreement With Saudi National Bank

-0.49%

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MODERN MILLS

2284.SA

40.70

-0.49%

Tadawul All Shares Index

TASI.SA

11898.00

+0.05%

Oct 9 (Reuters) - MODERN MILLS 2284.SE:

OBTAINING A MURABAHA FINANCING AGREEMENT WITH SAUDI NATIONAL BANK
FINANCING AMOUNT SAR 871 MILLION
PURPOSE OF AGREEMENT IS TO RESTRUCTURE EXISTING DEBT OBLIGATIONS
FINANCING DURATION 14 YEARS AND 3 MONTHS

Source text for Eikon: ID:nSSE8qQvQy

Further company coverage: 2284.SE

((Reuters.Briefs@thomsonreuters.com;))

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