Najran Cement Company announced that it made a request to Banque Saudi Fransi for a full pre-settlement of the remaining amount of its existing loan facility which was provided to finance the Waste Heat Recovery (WHR) project with a total repayment of SAR 45 Million which was supposed to be paid in three installments falling due on 31 Dec 2020, 31 Mar 2021 and 30 Jun 2021. The request was approved by Banque Saudi Fransi and full pre-settlement was made on 30 June 2020 using Company's own resources. Thus, the company has finished paying the entire loan amount. It is worth mentioning that this transaction comes in accordance with Board of Directors' decision and in line with the company's strategy aimed at improving financial efficiency of the Company. As a result of executing this full pre-settlement, the company will have completed the last step of organizing its balance sheet, thus it has currently only one loan of SAR 355 million to be paid in easy installments over a period of 5 years which will strengthen the financial position of the Company and support its cash flows in the coming periods.