Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
| Date | 24/12/2024 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Agility”) |
| Material Information | Agility would like to announce that one of its indirect subsidiaries has signed a credit facility agreement with a number of regional and international banks for a total amount estimated at $1.4bn (est. KD 430 million) consisting of Euros 1bln and $ 370 mln. The facility has maturities of 3 years and 5 years from signing.
This new credit facility will be used to fund ongoing operations and future growth as well as settling outstanding liabilities including inter-company balances. |
| Impact of the material information on the financial position of the company | Only withdrawn amounts will be reflected on the company’s financials. |
Sincerely,
Investor Relations Team