IPIC Repays RHB Capital Stake Loan
Posted on 11/01/2013
Abu Dhabi’s International Petroleum Investment Company (IPIC) has repaid a US$ 2 billion loan that Aabar Investments PJSC took out in 2011. Aabar Investments, part of IPIC, took out the loan to pay for a 25% stake in RHB Capital Bhd, a Malaysian bank, for US$ 1.9 billion. The 2011 transaction was financed by the […]
