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05 May 2024

Aabar may upsize loan

Aabar's delisting will take effect from September 1. (EB FILE)

Published
By Reuters

Aabar Investments may increase its recent $800 million loan with local and international lenders to $2 billion to refinance debt, bankers said. "Banks are working on upsizing the recent loan to $2bn," a banker familiar with the matter said.