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Mobily seeks debt refinancing

Mobily seeks debt refinancing

19 Jul 2016

Saudi Arabian mobile operator Etihad Etisalat (Mobily) is in discussions with lenders on refinancing SAR8bn (c.USD2.1bn) of debt, with a view to lowering borrowing costs and extending maturity.

The company has an outstanding SAR10bn (c.USD2.7bn) Murabaha facility from

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Mobily seeks debt refinancing

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