Aldar Properties names banks for $2 bn syndicated loan

By A staff reporter 2007-05-22T00:00:00

Aldar Properties, the Abu Dhabi-based developer, has appointed several banks to provide a $2.1 bn (EUR 1.6 bn) syndicated loan facility to fund its major Al-Raha Beach Infrastructure project. Morgan Stanley Bank International, Abu Dhabi Commercial bank, Dubai Islamic Bank, the National Bank of Abu Dhabi and First Gulf Bank ...

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