On March 10, 2024, Siniora Food Industries Company issued a five-year bond of a total nominal value of USD 80 million. The bond, which is not convertible into shares, was issued at an annual interest rate (coupon) of 7.75%. Aggad extended his deepest appreciation to the investors who subscribed to the Siniora Bond, adding that it is an important vote of confidence in the company.

Aggad noted that there has always been remarkable interest in the subscription process for Siniora bonds, which is particularly noteworthy given the extremely difficult regional conditions. Aggad went on to add that issuing an USD 80 million bond in Jordan at a 7.75% interest rate - at par with the Jordanian government bond - is a testament to the company's respected market standing and strong financial performance.