Saudi German Hospitals has signed a R305m (US$81.3m) Shariah-compliant two-part debt facility with Al Rajhi Bank. R120m of the facility are revolving loans that are renewed periodically while the remaining R185m loan has a six-year tenor including a two-year grace period. The former is to cover working capital while the latter is to finance the…
Home Healthcare Markets International Business Saudi Arabia: Saudi German signs R305m Islamic debt facility