Thursday, March 1, 2012

Zain in talks to refinance USD2.5bn loan

The Saudi Arabian cellular operator Zain Saudi is thought to be in talks with lenders aimed at refinancing a USD2.5 billion Islamic loan facility which is set to mature in July. A report from Bloomberg cites local sources as saying that the operator is unable to repay the loan now so is looking to refinance.


See the original article here:

OVETEL Zain in talks to refinance USD2.5bn loan

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