Batic Investments and Logistics Co. announces that its fully owned subsidiary (BATIC Real Estate Co) has signed a facility agreement (Shariah-compliant)

Batic Investments and Logistics Co. announces that its fully owned subsidiary (BATIC Real Estate Co) has signed a facility agreement (Shariah-compliant) with Al-Rajhi Bank amounting to SAR 200 million. Joint and several guarantees extended jointly by BATIC Investment and Logistics Company and BATIC real estate company and backed by order notes and mortgage covering 100% of term loan.