Abu Dhabi-listed United Arab Bank signs $250m loan – Al-Arabiya – loan bank – Google News

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Abu Dhabi-listed United Arab Bank signs $250 mln loan –… December 23, 2013 Dec 23 (Reuters) – United Arab Bank, the sixth-largest lender by market value on the Abu Dhabi bourse, signed a $250 million, two-year loan facility to be used to fund its general business. The bank had originally aimed for a total size of $200 million but, having received subscriptions worth over twice this amount, it decided to expand the financing, it said in a statement late on Sunday. UAB’s deal was backed by a dozen…

Abu Dhabi’s TDIC Said to Raise $500 Million Loan to Pay… December 15, 2013 Tourism Development & Investment Co., the Abu Dhabi-owned developer of the Louvre and Guggenheim museums, raised a $500 million loan to pay existing debt, according to three bankers with knowledge of the deal. The five-year facility was obtained from a group of seven banks and pays 1.5 percentage points including fees more than the London Interbank Offered Rate, said the bankers, asking not to be identified because the information is private. The money will help…

Abu Dhabi’s TDIC Said to Raise $500 Million Loan to Pay… December 15, 2013 Tourism Development & Investment Co., the Abu Dhabi-owned developer of the Louvre and Guggenheim museums, raised a $500 million loan to pay existing debt, according to three bankers with knowledge of the deal. The five-year facility was obtained from a group of seven banks and pays 1.5 percentage points including fees more than the London Interbank Offered Rate, said the bankers, asking not to be identified because the information is private. The money will help…

Volvo signs second loan with China bank – Business… November 25, 2013 Car maker Volvo, the Swedish subsidiary of the Chinese-based Geely Group, says it had signed its second loan agreement with the China Development Bank. The $US800 million ($A874 million) loan, with a maturity in 2021, “will support Volvo Car Group in further developing its product programme as well as strengthening the capital structure over the coming years”, the company said in a press release on Monday. The previous $US922 million loan from the state-owned bank…

Volvo signs second loan with China Development Bank –… November 25, 2013 STOCKHOLM: Auto maker Volvo, the Swedish subsidiary of the Chinese-based Geely Group, said Monday it had signed its second loan agreement with the China Development Bank. The $800 million (592 million euro) loan, with a maturity in 2021, “will support Volvo Car Group in further developing its product programme as well as strengthening the capital structure over the coming years,” the company said in a press release. The previous $922 million loan from the state-owned…