Emicool refreshes $245m Islamic loan

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Emicool refreshes $245m Islamic loan

August 11, 2014 12:00 AM
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United Arab Emirates corporate Emirates District Cooling (Emicool) has signed a 12 year $245m Shariah-compliant refinancing facility with Dubai Islamic Bank, adding to the swathe of UAE corporates that have been choosing to refinance deals early because of the favourable funding conditions on offer.

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