Finance

DAE signs new $300 million seven-year unsecured term loan

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DAE signs new $300 million seven-year unsecured term loan

Dubai Aerospace Enterprise (DAE). has signed a $300 million seven-year unsecured term loan with a group of six banks. Abu Dhabi Commercial Bank served as initial mandated lead arranger, bookrunner and underwriter. The loan will be used to repay secured debt and support the future financing needs...

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