12.10.2009 - Mobily reschedules US$400 mln in Islamic debt
From Bloomberg: Etihad Etisalat Co., the second- largest mobile-phone company in Saudi Arabia, rescheduled a 1.5 billion-riyal ($400 million) Islamic loan with four Saudi banks. The short-term financing will be repaid over four years, the Riyadh-based telecommunications provider said in a statement to the Saudi bourse today. Samba Financial Group, Riyad Bank, Saudi British Bank and National Commercial Bank were the lenders involved in the transaction......................Full Article: Source
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