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6-year credit facility comprises a conventional term loan facility and Islamic facilities. Airport retailer Dubai Duty Free has secured a $1.75 billion (Dh6.422 billion) loan facility that will be used to fund expansion of the emirate’s international airport.
The six-year senior, unsecured syndicated credit facility will comprise a conventional term loan facility and Islamic facilities, the company said in a statement on Thursday………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more
DDF wins expanded $1.75bln loan
| Posted on 09 July 2012 |
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