DERAYAH REIT FUND 4339.SE :
* DERAYAH FINANCIAL ANNOUNCES DERAYAH REIT SIGNED 1 BILLION RIYALS SHARIAH-COMPLIANT FACILITY AGREEMENT WITH ALRAJHI BANK
* FUND MANAGER SAID THAT FACILITY’S TENOR IS 7 YEARS WHERE FULL AMOUNT OF FACILITY WILL BE PAID UPON MATURITY
* THE PROFIT RATE ON THE FACILITY WILL BE PAID ON SEMI-ANNUAL BASIS ON A PRO RATA BASIS DEPENDING ON THE DRAWN AMOUNT
* FACILITY WILL BE USED TO ACQUIRE NEW PROPERTIES ON BEHALF OF DERAYAH REIT
Source text for Eikon: ID:nSSE1fmxKL Further company coverage: 4339.SE
((Reuters.Briefs@thomsonreuters.com;))
