Finance

DAE closes US$1bn RCF

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DAE closes US$1bn RCF

Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion Revolving Credit Facility (RCF) with a one-year extension option. The Facility replaces other facilities with near-term maturity dates and represents DAE’s first facility that is priced with reference to SOFR. Th...

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