RIYADH May 4 A subsidiary of Saudi Arabia's Kingdom Holding Co last week agreed to refinance the debt it used to buy London's Savoy Hotel with a new 200 million-pound ($311 million) loan, it said on Saturday.
Breezeroad is 50 percent owned by Kingdom, the investment vehicle of billionaire Prince Alwaleed bin Talal.
The financing was agreed with Credit Agricole Corporate and Investment Bank and DekaBank Deutsche Girozentrale .
$1=0.642116 British pounds
BA cancels flights from London's Heathrow, Gatwick after IT outage
LONDON, May 27 British Airways said it had cancelled all flights from London's Heathrow and Gatwick airports scheduled before 1700 GMT on Saturday due to a global computer outage.
British Airways suffers flight delays after global IT outage
LONDON, May 27 British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said.