29.03.2012 - Jebel Ali Free Zone said to plan $900 mln loan to repay bond
Jebel Ali Free Zone FZE, a business park operator in Dubai, plans to raise a $900 million syndicated loan to help repay a 7.5 billion-dirham ($2 billion) Islamic bond maturing in November, a banker familiar with the plan said. The company expects to sell a $500 million sukuk, raise at least $200 million from the sale of its U.K.-based Gazeley Ltd. unit and pay the remaining with its own cash, the banker said, declining to be identified because the information is private...............................................Full Article: Source
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