ICD launches reduced refi
Investment Corporation of Dubai (ICD) has reduced its refinancing target from $4bn to $2.8bn. The borrower will pay a much higher margin of 350bp for the new deal, much higher than its previous deal. The all-in margin is 390bp.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
