Dubai’s VFS Global tightens pricing on $2bln term loans
VFS Global has priced its 7-year USD tranche of $1.010 million at 250 basis points (bps) over the Secured Overnight Financing Rate (SOFR), a tightening of 50bps from guidance
A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.
