January 9, 2018 / 12:21 PM / 8 days ago

BRIEF-Saudi's Dallah Healthcare obtains 1.30 BLN Riyals Islamic Financing

Jan 9 (Reuters) - DALLAH HEALTHCARE CO:

* SIGNS 1.30 BILLION RIYALS ISLAMIC FINANCING AGREEMENT WITH AL RAJHI BANK FOR 8 YEARS‍​

* INTENDS TO USE THESE FACILITIES TO FINANCE CONSTRUCTION OF NEW AND UNDER-PROGRESS MEDICAL FACILITIES AND HOSPITALS

* FACILITIES GRANTED AGAINST PROMISSORY NOTE FROM CO TO BENEFIT OF AL RAJHI BANK WITH TOTAL OF 1.50 BILLION RIYALS FOR TOTAL FACILITIES INCLUDING PROFITS Source text for Eikon: Further company coverage: )

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