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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

Investment Corporation of Dubai (ICD) in new financing talks

Posted on 20 March 2013

Investment Corporation of Dubai (ICD), the investment arm of the Government of Dubai launched the syndication of $2 billion in conventional and Islamic financing facilities on 18 March.
The new facilities, with a tenor of five years, will refinance the $2 billion five year tranche of ICD’s $6 billion three and five year facilities signed on 21 August 2008. The $4 billion tranche which was due in August 2011 was repaid in full………………………………………..Full Article: Source


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