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Emal eyes $4bln financing to expand smelter

Posted on 14 August 2012

Emirates Aluminium (Emal), a joint venture between Abu Dhabi’s Mubadala and Dubai Aluminium, has approached banks to arrange $4bn in financing to expand its smelter, Project Finance International (PFI) said on Monday.
The loan tranches will have a tenor of 15.5 years. Banks who commit to join the conventional and Islamic loan portions will be able to pitch for the bond mandate………………………………………..Full Article: Source

 
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