Agility receives a credit facility
Reference to the above mentioned subject and the regulations set by the Capital Market Authority (CMA) regarding the disclosure of material information, Agility Public Warehousing Company KSCP would like to announce that it has entered in to a 3 year committed unsecured revolving Credit Facility with 5 banks: National Bank of Abu Dhabi PJSC, Banco Santander S.A, Natixis London Branch, Standard Chartered Bank and HSBC Bank Middle East Limited for an amount of $235m.
The facility has extension options for a further 2 years and the purpose of this loan is to finance Company’s future plans.
The credit facility is currently undrawn. When drawn, this will be reflected on the financials of the company.
Investor Relations Department
Agility Public Warehousing Company