Articles tagged with: Zain Saudi Arabia

Zain Saudi Arabia Secures US$2.5 Billion Murabaha Financing

Zain Saudi Arabia says that it has closed a US$2.5 billion Murabaha financing facility. The funds will be used to repay its existing Murabaha, facilitating the mobile telecom operation's ongoing network expansion and future growth.  more

Related Tags: zain, play, Saudi Arabia

Strong Demand for Zain Saudi Arabia Debt Refinancing

The credit crunch has not affected the refinancing of a US$2.5 billion bank loan by Zain for its Saudi Arabian subsidiary, as it is already oversubscribed. Bankers are working on the refinancing of the loan, originally taken out in 2007 to help finance its purchase of Saudi Arabia's third mobile licence.  more

Related Tags: Saudi Arabia

Telecoms dealmaking on hold in 4Q '08

According to a new study from Ovum, global economic downturn depressed valuations and dealmaking in the telecom sector in 4Q 2008. Based on Ovum's report, M&A deal count was 129 in 4Q08, from 192 in 4Q07, with only four deals valued above US$1 billion, from 10 in 4Q07.  more

Related Tags: ovum, citigroup, zain, verizon, alltel, capex, telenor, lte, sms, oracle, ipo, tax, sun, turk-telecom