Scientific and Medical Equipment renews $76mln credit facility with BSF
The facility will be used to finance ongoing and future projects, issue bank guarantees, and cover letters of credit, the company said in a statement to the Saudi stock exchange.
The collateral includes contract proceeds and promissory notes worth SAR 284 million.
The facility will mature on April 30, 2026, the statement said.
(Editing by Seban Scaria seban.scaria@lseg.com)
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