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Airport retailer Dubai Duty Free has mandated banks for a $1.1 billion (Dh4 billion) multi-tranche loan facility to help fund the expansion of Dubai’s international airport, the company said. Facility includes both conventional and Islamic tranches.
Citibank along with Dubai Islamic, HSBC and Emirates NBD have been hired to arrange and coordinate the debut international transaction, the company said………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Finance, Property, Projects, Infrastructure more
Dubai Duty Free to raise $1.1bln
| Posted on 10 April 2012 |
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