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21-Mar-2019

SACO repays SAR127.3mn Saudi Fransi loan

Saudi Company for Hardware (SACO) [4008.SE] announced that it has fully repaid its SAR127.3mn loan facility with Banque Saudi Fransi. The company noted that there is no financial impact resulting from the repayment. (Argaam)
 
SACO: SAR73.00 as of 20 Mar. 2019, Rating: Neutral, TP: SAR76.00/share, MCap: USD701mn, SCH AB/4008.SE
 
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