DDF refinances as Dubai borrowers watch margins fall
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Emerging Markets

DDF refinances as Dubai borrowers watch margins fall

Dubai Duty Free (DDF) is hoping to reprice a $1.75bn six year loan it signed in July 2012. The borrower has watched the loans market and the margins on offer improve steadily, and will not be the only Middle East borrower wanting to push pricing tighter, said loans bankers.

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