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GCC must repay or refinance $94bn in bonds and loans in 2016, 2017
Gulf Cooperation Council sovereign, financial and corporate borrowers must repay or refinance $94bn in bonds and loans in 2016 and 2017, according to global lender HSBC, as low oil prices continue to hit revenues. Tightening regional liquidity, rising rates and recent credit rating downgrades of some countries could also impact…
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