NBAD provides AED1.2 bln financing to National Hotels

NBAD provides AED1.2 bln financing to National Hotels

(Abu Dhabi) – The National Bank of Abu Dhabi, NBAD, has signed a deal to provide a 10-year Term Loan facility of AED1.2bn to Abu Dhabi National Hotels, ADNH. NBAD’s secured facility refinanced an outstanding debt under a syndicated term loan facility that ADNH signed with four banks in January 2010. “This is a landmark […]

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