Finance

DAE inks new $420 million 5-year unsecured term loan

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DAE inks new $420 million 5-year unsecured term loan

Dubai Aerospace Enterprise (DAE) has signed a $420 million 5-year unsecured term loan with China Construction Bank DIFC Branch and China Construction Bank Asia. ""This term loan will serve to further strengthen our already exceptional liquidity, which stood at $4.1 billion at the end of 2023,"" sai...

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