Dubai Aerospace signs $535 mln revolving credit facility

12 Dec, 2018

The deal was arranged by Dubai-based bank Emirates NBD  as sole mandated lead arranger and bookrunner, DAE said in a statement on Wednesday.

The initial commitment of $535 million is from a group of eight regional banks, it said, adding the facility brings DAE's total unsecured revolving credit facilities to $2.1 billion.

Copyright Reuters, 2018

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