Dallah signs Islamic financing agreement with Samba Financial Group for SAR640 million
Dallah Healthcare Holding [4004.SE] announced that it had signed an Islamic loan agreement with Samba Financial Group for SAR640 million. The loan is to be paid in quarterly settlements over eight years with a grace period of three years. The company intends to use these facilities to finance the expansion of Dallah Hospital-Nakheel. (Tadawul) Dallah Healthcare: SAR62.49 as of 10 January 2016, Rating: Buy, FV: SAR115.00 per share, MCap: USD981 million, DALLAH AB / 4004.SE Samba Financial Group: SAR19.91 as of 10 January 2016, Rating: Buy, FV: SAR26.50 per share, MCap: USD10,590 million, SAMBA AB / 1090.SE
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