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Tag Archives: a leading developer in the Mena region

Aldar Properties completes $499m debt refinancing

  Abu Dhabi-based Aldar Properties, a leading developer in the Mena region, has successfully refinanced Dh1.8 billion ($499 million) of existing bank loans due to mature by 2018. The conclusion of the bank loan refinancing reinforces the strength of Aldar’s balance sheet with the average debt maturity now extending to four years. Separately, Aldar’s long and short-term corporate credit ratings ...

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