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Mobily in SR8bn refinancing talks

Connectivity BusinessbyConnectivity Business
July 19, 2016
in Financing, Space Services
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Saudi telco Etihad Etisalat, which trades as Mobily, is reportedly in talks with banks to refinance SR8bn (US$2.1bn) worth of debt. The company is seeking better terms such as lower interest costs and extended maturity. Mobily reportedly began discussions with lenders after putting its tower sale process on hold last month.  Saudi telco Etihad Etisalat (TASI:7020), which trades as Mobily, is […]

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Tags: Etihad EtisalatMiddle EastMobilyPremiumSTC (Saudi Telecom Company)TF248Verus PartnersZain Saudi Arabia
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