The National Company For Glass Industries (Zoujaj) announces that it has obtained the approval of The Saudi Industrial Development Fund on 30/12/2021 for rescheduling the existing last loan Installment outstanding of SAR 31,800,000 out of the total loan amounting to SAR 252,211,000 with an extension of the repayment period for an additional 2 years ending in year 2023 instead of year 2021. The Financing amount and rescheduled part: The Total value of the Amendment to Loan agreement is SAR 252,211,000 out of which SAR 220,411,000 repaid and the balance outstanding amount is SAR 31,800,000 which was rescheduled. Financing Duration, before and after Rescheduling: The repayment date extended from 2021 to 2022 & 2023.
The National Company for Glass Industries
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SA0007879329
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- The National Company for Glass Industries Obtains the Approval of the Saudi Industrial Development Fund for Rescheduling the Existing Last Loan Installment Outstanding of SAR 31,800,000