On April 5, it was announced that a new Zhang-Oaktree agreement would be reached soon to restructure the existing loan: a hypothesis that was never discussed again. On the 13th, a mysterious Saudi consortium close to the royal family enters the fray and negotiations are declared to have “begun”, but it is not until the next day that a new loan scenario (from London) is put forward that will allow Zhang to pay off Oaktree and continue working. Therefore, even the hypothesis spread yesterday about the completion of negotiations with Pimco on a loan of 400 million aimed at replacing Oaktree requires some caution, the publication writes today Corriere dello Sport.
Source: Tutto Mercato Web
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