DIFC Investment says it has lined up new financing to help it repay in full $1.25 billion in debt due this month.

The company said Monday that a group of lenders including Standard Chartered Bank arranged $1.04 billion in new funds to help cover the maturing debt.

The company is an arm of the Dubai International Financial Centre Authority, which runs the emirate's banking office complex.

Jebel Ali Free Zone last month said it has received sufficient support from lenders to repay $2 billion early as part of a broader refinancing effort.