Saudi Paper Manufacturing Company (SPM) has increased its credit facilities with Saudi Awwal Bank (SAB) from SAR 100 million to SAR 170 million by adding a SAR 70 million medium-term loan. The restructuring aims to optimize debt, improve cash flow, and reduce financing costs. The working capital facility is renewable for 12 months, while the medium-term loan spans 48 months with a three-month grace period. The move strengthens SPM's financial position and signals improved liquidity, which could positively impact its stock performance in the Saudi equity market.