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07-01-2015, 06:24 AM
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Mobily says still talking to lenders on resetting loan covenants
Saudi Arabia's Etihad Etisalat (Mobily) said talks are still ongoing with lenders over resetting financial covenants, the company said in a bourse filing on Tuesday. Mobily said in February it was in talks with banks after breaching certain terms relating to its debt facilities and it hoped to conclude these discussions in the second quarter of 2015.
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