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SecuritizationCLOs-CDOs

Qatari Diar increases to Qr4bn despite tightened margin

Qatari Diar, the real estate group, signed a Qr4bn ($1.1bn) Islamic loan on Tuesday after increasing it from its launch size of Qr3.5bn. The five year deal, one of the biggest widely syndicated facilities from the Middle East this year, succeeded despite Qatar Islamic Bank, the sole bookrunner, tightening the pricing just before launch.

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