Dubai Aerospace targets $2.1 billion dual-currency financing
Arabian Post Staff -Dubai Dubai Aerospace Enterprise (DAE) is seeking a $2.1 billion loan to finance working capital requirements, with five major banks arranging a seven-year facility denominated in US dollars and UAE dirhams. The proposed financing brings together Bank of China, Emirates NBD, Oversea-Chinese Banking Corporation, Industrial and Commercial Bank of China and China Construction…
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