After three extensions, Zain Saudi eyes Q4 refi

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After three extensions, Zain Saudi eyes Q4 refi

Mobile telecommunications company Zain Saudi said that it is in “well-advanced” discussions over a new loan to replace the Sr9bn ($2.4bn) still outstanding under its existing Sr9.75bn Murabaha facility, which has already been extended three times and is now due to mature on November 28.

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