20 Jumada I 1446 - 21 November 2024
    
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Eye of Riyadh
Business & Money | Sunday 20 October, 2024 10:35 am |
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MBC Group pays off SAR 497.3M loan

MBC Group Co. announced the full repayment of a SAR 497.25 million loan owed to Istedamah Holding Co., pursuant to the loan agreement dated Oct. 6, 2022, and amended on July 6, 2023, as disclosed in the prospectus.

 

In a statement to Tadawul, the group said that the repayment was done from the available liquidity with no material impact on its financials.

 

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