Zayed, Shuweihat closing as banks turn to Jubail

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Zayed, Shuweihat closing as banks turn to Jubail

A $1bn facility backing the Zayed University public and private partnership (PPP) in Abu Dhabi is close to being signed, following an arduous syndication process that began at the end of March. The deal is now fully subscribed, and its closure coincides with that of the $1.1bn financing for the Shuweihat 2 independent water and power plant (IWPP).

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