Browse
related articles
Etisalat seeking $8bn loan to finance Maroc Telecom bid
- United Arab Emirates: Saturday, February 16 - 2013 at 00:56
Etisalat is in talks with banks aimed at securing a syndicated loan of up to $8bn to finance a bid for Vivendi's 53% stake in Maroc Telecom, Reuters has reported, citing banking sources. Etisalat has asked banks to bid for the roles of merger and acquisition and financing advisor, one banker said. Vivendi is under pressure from shareholders to bolster its flagging share price and from rating agencies to reduce its debt, which stands at €15.7bn.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
