11.42 PM Thursday, 25 April 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:26 05:44 12:20 15:47 18:50 20:08
25 April 2024

Borse Dubai extends loan

Published
By Staff Writer

Borse Dubai has decided to exercise a one-year option to extend a $2.5bn (Dh9.18bn) syndicated loan.

The facility has a conventional and Islamic tranche and paid 325 basis points per annum over the Libor, Borse Dubai said in a statement last year.

The bourse has informed the participating banks of its decision.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.