U.A.E.'s Al Jaber Agrees to Second Restructuring of $1.5 Billion

Jul 03 2019, 4:26 AMJul 03 2019, 5:49 AMJuly 03 2019, 4:26 AMJuly 03 2019, 5:49 AM

(Bloomberg) -- Al Jaber Group, a family-owned business in Abu Dhabi, agreed with banks to restructure $1.5 billion of debt for a second time after sluggish economic growth hurt cash flow, people wi...

U.A.E.\'s Al Jaber Agrees to Second Restructuring of $1.5 Billion

U.A.E.'s Al Jaber Agrees to Second Restructuring of $1.5 Billion