The Board of Directors of Al Hassan Engineering Co. SAOG announced that a financial restructuring package has been agreed and signed by AHEC and its key stakeholders on 15th November 2017. Bank Muscat - Investment Banking was appointed as the financial restructuring advisor and Nasser Al Habsi & Saif Al Mamari Law Firm in association with Addleshaw Goddard (Middle East) LLP was appointed as the lenders’ legal counsel for the proposed restructuring. The restructuring package allows AHEC to consolidate its various facilities into one syndicated facility, term out its short-term loans and make available fresh liquidity to meet its working capital requirements.