13.06.2016 - QIA Said to Weigh Loan of Up to $2 Billion for Singapore Tower
Qatar Investment Authority has approached banks for a loan of as much as $2 billion to finance its acquisition of BlackRock Inc.’s Asia Square Tower 1, according to three people with knowledge of the matter. The sovereign wealth fund has held preliminary talks with banks to borrow between $1.5 billion and $2 billion, the people said, asking not to be identified because the information is private. Talks with potential lenders are at an early stage and QIA has not finalized the timeline for the borrowing, they said...............................................Full Article: Source
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