Dubai Metro raises $1.1bn for World Expo route

Bianca Boorer

September 11, 2017 01:00 pm

Arabtec_PA_230x150 — A view of Dubai Metro rail on the Red Line near Dubai's downtown. On Monday, 6 February, 2017, in Dubai, UAE. (Photo by Artur Widak/NurPhoto) *** Please Use Credit from Credit Field *** | NurPhoto/SIPA USA/PA Images

Dubai’s Department of Finance has taken out a $1.1bn syndicated loan to finance the expansion of the city's metro line, as part of its plan to host the World Expo 2020.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Santander Syndicated Loans Intesa Sanpaolo EMEA GCC Standard Chartered Emerging Market Loans United Arab Emirates Middle East Emerging Markets HSBC Middle East Loans EM Middle East

BB

Bianca Boorer