ZAWYA-SNG: Saudi Cable reschedules $28.8mln interest-free loan
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Saudi Cable Company has rescheduled an interest-free loan of SAR 107.93 million from Ibrahim bin Mansour Al Rajhi to ease near-term obligations. The first repayment of SAR 45 million is now due at the end of Q1-26, with the remaining SAR 62.93 million to be repaid later. This move aims to reduce Q1 liabilities and improve working capital. Previously, repayments were scheduled for January and early March 2026. Additionally, Saudi Cable has applied to increase its share capital to SAR 466.73 million from SAR 66.73 million.
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