Thursday 26 November 2015
creditors committee

Algosaibi says creditors' committee formed

A steering committee of creditors of Saudi Arabian conglomerate Ahmad Hamad Algosaibi and Brothers (Ahab) has been formed to negotiate its debt restructuring, Algosaibi said on Tuesday. The committee comprises representatives from


Kuwait's Dar names new creditors panel

Kuwaiti Islamic firm Investment Dar, which owns half of luxury carmaker Aston Martin, said on Wednesday it appointed a new panel of creditors to negotiate its debt restructuring after a previous committee quit over a disagreement. Dar has

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