DAE and P&FZ World add to bulging dollar flow in UAE
Dubai’s syndicated loan market is set to be severely tested in August as several multi-billion dollar deals launch. Credit Suisse and Deutsche Bank this week launched a $1.25bn facility for Port & Free Zone World, which is part of Dubai World, and a $1bn loan for Dubai Aerospace Enterprise (DAE) is set to come to the market imminently.
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