Zain KSA in SR2.25bn refi
Zain Saudi Arabia has secured a long-term commercial borrowing facility worth SR2.25bn (US$600m), which matures in two years with the possibility to extend it ...
Tag: Banque Saudi Fransi
Mobily chairman steps down
The chairman of Saudi mobile operator Mobily, Abdulaziz Al Saghyir, has resigned from the role for health reasons. His resignation is ...
Zain KSA signs US$600m facility for refi
Zain Saudi Arabia has announced significant moves to address its debt problem. The telco, controlled by Kuwaiti telecoms giant Zain ...
Zain KSA’s rights issue oversubscribed
A rights issue by mobile operator Zain Saudi Arabia that closed on 17 July was oversubscribed, reaching US$1.69bn against the ...
Zain KSA aims for US$1.6bn rights issue launch on 10 July
Mobile operator Zain Saudi Arabia is looking to launch its SR6bn (US$1.6bn) rights issue on 10 July. The process will close ...
Mobily secures US$2.7bn Islamic loan
Saudi Arabia’s Etihad Etisalat (Mobily) has secured a SAR10bn (US$2.7bn) refinancing agreement with seven local banks which enables it to ...
