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UAE conglomerate misses payment on $4.5 bln restructured debt

Al Jaber Group missed a March repayment on its $4.5 billion restructuring, three sources aware of the matter told Reuters on Tuesday, adding pressure on the Abu Dhabi-based conglomerate to quickly secure a new debt deal to save it from collapse. The family-owned group, best known as a contractor but…

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Click here to read the full story: Al Arabiya

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