Cherry Trading Co. Secures SAR250 Million Credit Facility Deal

11:58 PM EST, 12/21/2025 (MT Newswires) -- Cherry Trading Co. (SASE:4265) secured a credit facility deal worth 250 million Saudi riyals from Alinma Bank (SASE:1150). The Saudi Arabian car rental and leasing company said Sunday it will use the three-year Sharia-compliant financing to purchase vehicles for leasing to customers. The credit facility is backed by a promissory note and assignment of proceeds.