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Saad opts for $2.8bn loan
2007-09-03 - AME Info | Saudi Arabia | Latest News - The Saad Investment Company, a unit of the Saad Group owned by Saudi billionaire Maan Al Sanea, has taken a $2.8bn loan to refinance debt, according to an un-named banker arranging the transaction and cited by Reuters. Saad Investment last month bought a 5% stake in 3i Quoted Private Equity and earlier in the year invested more than $6bn in a 3.1% holding in the HSBC.  

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