Investment Corporation of Dubai Raises $1.2 Billion Loan

Posted on 04/03/2018

The Investment Corporation of Dubai (ICD), the emirate’s main state-owned holding company, raised a US$ 1.2 billion loan. The lead lenders include Citigroup Inc., Dubai Islamic Bank, HSBC Holdings Plc, Emirates NBD, Industrial and Commercial Bank of China (ICBC), and Standard Chartered Plc. The purpose of the loan was to partly refinance a US$ 2.55 […]

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