Riyadh –  Tihama Advertising and Public Relations Company on Sunday signed a credit facility agreement of SAR 20 million with Samba Financial Group.

The two-year loan is guaranteed by a pledge of a banking deposit at Samba, according to a stock exchange filing.

The company will use the loan to restructure its financial commitments, provide non-cash facilities, and reduce financial costs during the upcoming periods.

Source: Mubasher

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