Dubai Inc loan pipeline begins to bulge
While sovereign wealth fund Investment Corporation Dubai is putting the final touches on its $6bn loan before the deal launches, bankers say they expect even more multi-billion dollar deals out of Dubai. “There’s still a lot more to come — but there are worries about lending limits for Dubai Inc,” said one Middle East loans banker this week. Read EuroWeek online at www.euroweek.com/loans to find out more about ICD’s loan and how all the other Dubai Inc transactions are faring.
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