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Saudi Arabian family conglomerate agrees to $6 Billion Debt Plan With Creditors
Saudi Arabian family conglomerate Ahmad Hamad Algosaibi and Brothers said on Monday that the group’s leading creditors have agreed on a $6 billion debt restructuring plan, an important step toward resolving one of the Middle East’s longest-running financial disputes. The seven-year old saga goes back to the financial crisis when…
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Click here to read the full story: Wall Street Journal