Raya Integration seeks medium-term syndicated loan to back new projects

Updated 11/7/2023 10:50:00 AM
Raya Integration seeks medium-term syndicated loan to back new projects

Arab Finance: Raya Integration, a subsidiary of Raya Holding for Financial Investments, is in talks to secure a medium-term syndicated loan in the form of credit limits to issue letters of guarantee, as per a filing.

The loan aims at accelerating the execution of the firm’s new projects in the fields of digital solutions and information infrastructure.

The company will use the loan’s proceeds to push forward its growth in the coming period.

 

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