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SAUDI CABLE
2110
-0.94%
157.60
-1.50
2110
Saudi Cable Co. has signed agreements with its three major creditors to reschedule SAR 640 million worth of debts over a period of not more than eight years.
The company expects to reach similar agreements with the rest of its creditor banks before the end of the second quarter in 2015.
No negative legal or financial impacts will result from the deal signing.
Source:
Mubasher