Dubai Duty Free adds ADIB as lead arranger for $1.1bn loan
Dubai Duty Free, an airport retail company, is seeking a $1.1bn multi-tranche loan facility and has mandated six banks for the transaction. On Tuesday the company said that Abu Dhabi Islamic Bank had joined the transaction as a mandated lead arranger and bookrunner alongside Abu Dhabi Commercial Bank, Citi, Dubai Islamic Bank, Emirates NBD and HSBC Bank Middle East.
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