Jun 14 2011 |
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Abu Dhabi's Waha Capital Raises $505 Million Through Loan
Tuesday, Jun 14, 2011
DUBAI (Zawya Dow Jones)--Abu Dhabi-based investment firm Waha Capital (WAHA.AD) said it had secured a $505 million credit facility from 11 banks, which it will use for existing and new investments.
Waha , in a statement dated June 13 and posted on the Abu Dhabi bourse website, said the facility has a three-year term and was arranged by the company itself.
The banks that participated in the facility are First Gulf Bank , Emirates NBD Bank, HSBC Bank Middle East , Union National Bank , Gulf International Bank , Abu Dhabi Commercial Bank , Maybank International, Deutsche Bank , Nomura International, Societe Generale , J.P. Morgan .
-By Nicolas Parasie, Dow Jones Newswires; +9714 446-1681; nicolas.parasie@dowjones.com
(END) Dow Jones Newswires
14-06-11 0456GMT
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