Dubai Duty Free closes in on debut international loan

Airport retailer Dubai Duty Free was close to finalising its debut international loan facility on Thursday afternoon.

  • 11 May 2012

"It’s going really well," said one banker close to the deal. "We’re just allocating at the moment and commitments are being scaled back, but it could also potentially be increased."

In mid-April, DDF mandated Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Citi, Dubai Islamic Bank, Emirates NBD and ...

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