Mubasher: Agility Public Warehousing, listed on Dubai Financial Market (DFM) as well, has signed a new credit facility agreement with a local bank at a value of KWD 50 million.
Meanwhile, the company has secured nearly $3 billion (KWD 915 million) until the present time, according to a bourse disclosure.
In line with its refinancing programme that was announced in 2022, Agility expects to conclude the funding round with nearly $3.20 billion (KWD 1 billion).
The Kuwait-based firm noted that only amounts from the financing will reflect on its income statements.
Last year, Agility raised its credit facility lines to $3.20 billion (KWD 980 million) from $1.40 billion (KWD 430 million) in order to back its growth plans.
