Palm Utilities closes Dh1.14bn financing
Dubai World company Palm Utilities has closed a Dh1.14bn ($310m) financing facility for its district cooling business. The seven-year club facility comprises both a conventional and Islamic tranche, with proceeds to be used in refinancing an existing facility.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts