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TABREED GOT LOAN FACILITY FROM NINE BANKS OF $692 MILLION

Published On 09 Sep 2020 01:38 PM


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HIGHLIGHTS

  • Tabreed, the national central cooling company declared the effective partnership of loan facility, which was pre-subsidized by HSBC Bank Middle East Limited in March 2020, as a component of the organization's financing of an 80 percent stake in Emaar Properties Downtown Dubai region cooling business.

The $692 million loans of 5 years was a multi-tranche partnered office with I....


Tags : UAE, COOLING, BUSINESS, TABREED, LOAN,
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