Saudi Binladin Group (SBG) is said to be in talks with local and regional lenders to delay the repayment of some of the debt it owes, according to two anonymous sources, as reported by MEED. SBG is also said to be looking to raise cash from regional and international le nders to meet some of its short-term liabilities. SBG has so far met all financial obligations. The company’s spokesperson did not comment on whether SBG is preparing to enter a formal restructuring of its debt. (MEED)
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