Emal bond invite to be sent to banks late-Sept – sources; Loan to pay 225-300 bps over 15.5-yr life; Margin more than double first phase, shows impact of Euro bank pull-back; All part of $4 bln funding package for smelter expansion
September 5, 2012 5:36
Bond target size $800 mln, part of $2.2 bln refi; Bond could launch by end-Sept, dependent on rating; Six banks picked as bookrunners for bond; Loan portion of package oversubscribed - source
September 5, 2012 10:30
Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium, has approached banks to arrange $4 billion in financing to expand its smelter, Project Finance International (PFI) said on Monday.
August 14, 2012 10:20
The consortium building Abu Dhabi's new airport terminal is close to securing a 4-billion dirhams ($1.1 billion) financing deal, which will be mainly sharia-compliant, banking sources said on Wednesday.
August 8, 2012 4:20