March 18, 2018 / 1:17 PM / 4 months ago

BRIEF-Zain Saudi Extends Maturity Of 2.25 Bln Riyals Loan

March 18 (Reuters) - MOBILE TELECOMMUNICATIONS COMPANY SAUDI ARABIA SJSC:

* SIGNS NEW COMMERCIAL FACILITY AGREEMENT TO REPLACE THE EXISTING SAR 2.25 BILLION LOAN

* HAS EXTENDED ITS COMMERCIAL LOAN FACILITY SIGNED ON AUG 15, 2016 WITH INDUSTRIAL AND COMMERCIAL BANK OF CHINA FOR ONE ADDITIONAL YEAR

* SAYS POSTPONES MATURITY OF THE LOAN TO AUG 08, 2019 AS PART OF THE DEBT RESTRUCTURING PROJECT CONDUCTED BY ZAIN Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below