Arab Today, arab today mesc reschedules sr 530m loans for 6 years
Last Updated : GMT 15:59:42
Arab Today, arab today
Arab Today, arab today

MESC reschedules SR 530m loans for 6 years

Arab Today, arab today

Arab Today, arab today MESC reschedules SR 530m loans for 6 years

Riyadh - SPA

Middle East Specialized Cables Company (MESC) announced that it has signed financing agreements on rescheduling SR 530 million loans for 6 years with a number of local banks. The company said in a statement today that its General Assembly approved rescheduling of the Company\'s loans from short to long terms, noting that it signed the agreements here yesterday with Saudi French Bank, Riyad Bank, Saudi British Bank, Al-Rajhi Bank, National Arab Bank, and Saudi Hollandi Bank.

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