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Wireless

Mobily sounds out lenders with view to cutting cost of SAR 8 bln debt - report

Friday 30 August 2019 | 11:04 CET | News
Saudi operator Mobily has held preliminary talks with banks to refinance as much SAR 8 billion of debt in order to lower borrowing costs, Bloomberg reported citing people familiar with the matter. Mobily has been gauging appetite from lenders and plans to start formal discussions before the end of the year, the sources said, asking not to be identified. 

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Categories: Mobile & Wireless
Companies: Mobily
Countries: Saudi Arabia
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