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BRIEF-Gulf General Investment signs debt restructuring with creditors
October 1, 2017 / 4:36 AM / 21 days ago

BRIEF-Gulf General Investment signs debt restructuring with creditors

Oct 1 (Reuters) - GULF GENERAL INVESTMENT CO PSC:

* SAYS COMPLETES AED 2.1 BILLION DEBT RESTRUCTURING AFTER OBTAINING AGREEMENT FROM MAJORITY OF ITS CREDITORS

* “WE HAVE OBTAINED ENOUGH TIME UNTIL 2023 TO DISPOSE OF OUR NON-CORE ASSETS IN AN ORGANIZED AND STRUCTURED MANNER AND TO RETIRE DEBTS” Source text for Eikon: Further company coverage:

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