Mobily signs 10-year SAR2bn bilateral credit facility agreement with Alinma Bank to fund current and future capex
Mobily [7020.SE] has announced the signature of a 10-year, SAR2bn credit facility agreement with Alinma Bank [1150.SE]. Proceeds of the facility will be used to fund the company’s existing and future capital expenditures. (Company disclosure) Mobily: SAR24.62 as of 19 Dec 2016, Rating: Neutral, TP: SAR24.53 per share, MCap: USD5,055mn, EEC AB / 7020.SE
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