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Saudi Cable Co. Upsizes Sukuk Offer to SAR600 Million

MT Newswires·12/03/2025 03:49:54
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03:49 AM EST, 12/03/2025 (MT Newswires) -- Saudi Cable Co. (SASE:2110) said Wednesday its board approved the increase in its planned sukuk offer to 600 million Saudi riyals from 300 million riyals. The Saudi Arabia-listed fiber optic cable manufacturer will use the proceeds for debt repayments and to support its operations. The offer is subject to regulatory clearance.