Dec 23 2011 |
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DIFC Investments repays $200m loan
Loan paid back to Deutsche Bank
In announcing the repayment, Shahli Akram Juma, Managing Director of DIFCI, said: "The repayment is positive news, and is evidence of our commitment to meet our debt obligations as and when they fall due. We remain focused on progressing our plans regarding the Sukuk commitment and we are confident of achieving a successful conclusion.'
The loan facility is a multicurrency term and revolving facility agreement between DIFC Investment and Deutsche Bank Luxemburg being the Agent.
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