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Dubai Duty Free seals $1.75bln loan deal

Posted on 06 July 2012

Airport retailer Dubai Duty Free (DDF) said it has successfully closed a $1.75 billion debut financing deal with the support of leading international banks to help fund the on-going expansion of Dubai International Airport.
The six-year senior unsecured syndicated credit facility, comprising a conventional term-loan facility and Islamic facilities, was the largest syndicated facility for a debut Dubai government related entity since 2008, said a statement from DDF………………………………………..Full Article: Source

 
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