CBD
CBD
-0.14%
6.95
-0.01
CBD
Emirates NBD
EMIRATESNBD
0.00%
17.30
0.00
EMIRATESNBD
ADCB
ADCB
-0.48%
8.36
-0.04
ADCB
UNB
UNB
0.00%
5.90
0.00
UNB
FAB
NBAD
-0.90%
13.28
-0.12
NBAD
Atlantis The Palm, which is owned by Investment Corporation of Dubai (ICD), seeks to refinance an $880 million syndicated loan signed in September 2013, Arabian Business reported.
The five-year loan facility was offered by seven local and international banks comprising Barclays, HSBC, Abu Dhabi Commercial Bank, National Bank of Abu Dhabi, Commercial Bank of Dubai, Union National Bank and Emirates NBD and was priced at 500 basis points (bps) over LIBOR.
The five-year loan facility was offered by seven local and international banks comprising Barclays, HSBC, Abu Dhabi Commercial Bank, National Bank of Abu Dhabi, Commercial Bank of Dubai, Union National Bank and Emirates NBD and was priced at 500 basis points (bps) over LIBOR.
Source:
Mubasher