Saudi Binladin Group (SBG) is reported to have repaid a SAR1bn (USD266.7mn) Islamic bond which matured in late June. The payment was made after a delay of several weeks. SBG had raised SAR2.5bn from two local banks in May, which is believed to have financed the bond repayment. SBG is believed to owe local and international banks a total of cSAR30bn. (Arabian Business)
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