Finance

DAE signs unsecured term financing of $800 million

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DAE signs unsecured term financing of $800 million

Dubai Aerospace Enterprise (DAE) signed a new senior unsecured term financing for a total of $800 million with a weighted average maturity of 5.5 years over two transactions. Each facility was underwritten by a leading bank in the region. Firoz Tarapore, Chief Executive Officer of DAE, said: “The ...

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