Sahara obtains SAR300 mn loan to finance working capital
Sahara Petrochemical Company (Sahara) [2260.SE] has signed a SAR300mn financing agreement with a Saudi bank on 29 September 2016 with a duration from 01 October 2016 to 30 September 2017. The company mentioned that the loans would be used to finance its working capital. (Tadawul) Sahara Petrochemicals: SAR9.30 as of 28 September 2016, Rating: Neutral, FV: SAR9.50 per share, MCap: USD1,088mn, SPC AB / 2260.SE
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