Altwijri renews SAR 25M credit facility deal with Al Rajhi Bank
- Source
- Argaam - Company Disclosures
- Source link
- https://www.argaam.com/en/article/articledetail/id/1929776
- Published
- 2026-08-16 17:21:00
- Discovered by ProcIntel
- 2026-08-16 14:01:42
- Category
- Supplier Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p><img src="https://argaamplus.s3.amazonaws.com/5b9506cf-fb98-431c-93cb-ca1bd263f013.png"></p> <p class="ckeCaption" >Logo of Abdulaziz Bin Ahmed Altwijri Trading Co.</p> <hr> <p ><a href="https://www.argaam.com/en/tadawul/nomu/altwijri" target="_blank">Abdulaziz Bin Ahmed Altwijri Trading Co.</a>renewed today, Aug. 16, a Shariah-compliant credit facility deal worth SAR 25 million with <a href="https://www.argaam.com/en/tadawul/tasi/alrajhi" target="_blank">Al Rajhi Bank</a>.</p> <p ></p> <p >In a statement to <strong>Tadawul</strong>, the company said collaterals provided were a promissory note, personal guarantees from Mohammed Altwijri and Khalid Altwijri, as well as the pledge of three commercial deeds as collateral for the financing.</p> <p ></p> <p >The company noted that the credit facility deal is dated Aug. 10 and was officially signed today, with the financing maturing on July 31, 2027.</p> <p ></p> <p >The facilities will be used to finance working capital and issue letters of credit, with no related parties to the agreement.</p>
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "2 linked geographies"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.