Al Jaber Group signs debt restructuring

Abu Dhabi-based conglomerate Al Jaber Group has signed a debt restructuring deal with its bank creditors, the conglomerate said on Monday, addressing one of the UAE’s last big debt hangovers from the global financial crisis.

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Published: Tue 17 Jun 2014, 11:29 PM

Last updated: Tue 7 Apr 2015, 10:27 PM

Al Jaber, which has interests in aviation, construction and retailing, had been in talks with bank creditors to renegotiate its obligations since 2011.


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