du Successfully Refinances AED 2 Billion Revolving Credit Facility With Seven Major Banks

du Successfully Refinances AED 2 Billion Revolving Credit Facility With Seven Major Banks in 2024

A seven-bank syndicate backing a single telecom refinancing tells you something about lender confidence in the UAE’s communications sector. Emirates Integrated Telecommunications Company PJSC, better known as du, has just closed an AED 2 billion revolving credit facility that it does not even need to draw down yet. The du revolving credit facility, valued at … Read more