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Saudi Cable secures SAR108 million loan amid balance sheet adjustments
Saudi Cable Company has arranged a SAR108 million loan to help support operations and financial stability as it manages debt restructuring and cash flow pressures.
Saudi Cable Company has obtained a loan worth approximately SAR108 million as part of ongoing financing efforts, according to market reports. The loan facility is expected to support the company’s operational needs as it navigates debt restructuring and cash flow challenges. The financing follows recent moves to stabilise its balance sheet and sustain manufacturing activities in its core cable business.