Etisalat loan slows amid deluge of financing offers
Lenders have flooded Etisalat with financing offers since the UAE telecoms company announced earlier this month that it would take a 46% stake in Kuwaiti mobile operator Zain. But while banks had expected the deal to move quickly, the deluge has instead slowed the process down. Read EuroWeek on Friday to find out why Etisalat has applied the brakes as it reviews its options for up to $12bn in loans.
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