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PIA attracts UAE lenders to $90mln Islamic finance

Posted on 13 December 2011

Pakistan International Airlines Corp (PIA), the national carrier of Pakistan, announced that it raised $90 million (Dh330 million) through an Islamic syndicated fin-ancing facility.
The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank, and United Bank Limited as mandated lead arrangers and joint bookrunners………………………………………..Full Article: Source

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