28.03.2012 - Dubai's JAFZA eyes loan launch-bankers
Dubai's Jebel Ali Free Zone (JAFZA) is preparing to launch a large syndicated loan to partly refinance its $2 billion Islamic bond that matures in November, bankers familiar with the deal said. JAFZA, which runs an industrial free zone on the outskirts of Dubai, is considering a $900 million syndicated loan, which will be followed by a $600 million sukuk and up to $500 million of cash repayments over the coming months, one of the bankers said...............................................Full Article: Source
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