Saudi Arabia-based National Building & Marketing Company (NBCMC) announced that its publicly listed subsidiary, Ajeej Steel Manufacturing Co., has restructured its bank credit agreement with Al Rajhi Bank, with current financing standing at SAR 127 million.
According to the statement published on Tadawul, the financing is provided to meet working capital requirements. The collateral is in the form of guarantees and sureties, subject to previously approved bank conditions.
The credit, provided on 27 November 2025, has a term ranging from 4 to 48 months, depending on its intended use.
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