Aban will be a key beneficiary of the suspension of sanctions on Iran as it has fi ve rigs deployed in the country -contributing about 35% to its revenue. "Aban's working capital situation will improve as currently there is a delay of 1-2 months in payment receipts from Iran; and insurance costs will also fall,"
Robust operating cash fl ow, equity infusion and revised debt repayment schedule will improve the company's debt-equity ratio
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