Finance

DAE signs US$535 million unsecured revolving credit facility

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DAE signs US$535 million unsecured revolving credit facility

Dubai Aerospace Enterprise (DAE) has signed a new four-year unsecured revolving credit facility arranged by Emirates NBD as sole mandated lead arranger and bookrunner. The initial commitment of US$535 million is from a group of eight regional banks. The accordion feature allows the facility to be in...

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