| DIFC Investments LLC, which owns properties in Dubai’s tax-free financial center, started talks with banks for a loan to help repay a $1.25 billion Islamic bond due in June, two bankers with knowledge of the plan said.
The company plans to raise $900 million to $1 billion from a five-year syndicated loan and will make up the rest with its own cash, said the bankers, who declined to be identified because the information is private. The talks are at an early stage and no mandate has been awarded, they said...............................................Full Article: Source
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