Middle East gold jeweler, Damas International, has completed a restructuring of its $872 million debt, Zawya reports, citing Reuters. A total of 25 banks, representing 100% of the company’s bank debts, have signed the facility agreement, adds Zawya.The banks involved in the restructuring included Barclays and BNP Paribas. PricewaterhouseCoopers is acting as financial advisers to the bank consortium.

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