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News Najran Cement takes out loan

Najran Cement takes out loan

Written by Global Cement staff 30 April 2020
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Saudi Arabia: Najran Cement Company has signed a financing agreement with Bank Al-Jazira for a loan of US$94.5m. Under the agreement, repayments are to be made at a rate of US$13.6m/yr for four years, and the remaining amount settled in the final year of the financing period ending 2025.

Last modified on 06 May 2020
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Najran Cement
  • Bank AlJazira
  • Loan
  • GCW454
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