Finance

DAE signs $750 million 5-year unsecured term loan

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DAE signs $750 million 5-year unsecured term loan

Aviation services company Dubai Aerospace Enterprise (DAE) has signed an AED 2.75 billion ($750 million) five-year unsecured term loan with Emirates NBD Bank (ENBD). ""This transaction marks a further deepening of our relationship with ENBD,"" said DAE CEO Firoz Tarapore, ""one of the largest lende...

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