Thu, Jul 24, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), Finance more

DIFC Investments $1 bln loan near; to help sukuk refinance

Posted on 22 May 2012

DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is close to securing a $1 billion loan from four banks to help refinance an upcoming Islamic bond maturity, a banking source familiar with the matter said.
Emirates NBD, Dubai’s largest lender, and Standard Chartered will contribute an equal amount into the deal, while Noor Islamic Bank and Dubai Islamic Bank, also join the deal but with a smaller commitment………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031